Facebook's stock hits record high, signaling recovery after extended historic slump

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Facebook's stock hits record high, signaling recovery after extended historic slump
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Shares of Facebook , which have been doggedly crawling their way back from a his...

FILE PHOTO: The Facebook logo is seen on a screen in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron

Facebook briefly rose 0.72% to touch $219.88 at mid-day, its highest level ever, before giving up the day’s gains to finish down 0.11%. The stock on Thursday achieved a record closing high, topping the last record close seen on July 25, 2018.

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