Facebook Inc (FB) Closes with Slight Gain on Day of First Trade

Facebook Inc (NASDAQ:FB) is now a fully fledged member of the Public market having closed up on its first day of trading. The firm closed at 38.23 after opening this morning at 38 with Mark Zuckerberg ringing the bell. The company's market capitalization is $104 billion after the day's trading.

Trading of Facebook shares was, as could have been expected, rapid today. The company had a trading volume of a ridiculous sounding 515 million on its first day. The day leaves Mark Zuckerberg with $1.2...