Facebook Goes Express To Mega-cap Status - Now Valued More Than AT&T, Coke

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by wochit

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In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the company's $190 billion market value makes it bigger than such bellwethers as Coca-Cola and AT&T. It's not a member of the Dow industrials, but if it were, it would be larger than two-thirds of that index's 30 members. Shares in the world's No.

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