The Facebook stock price today is still sitting pretty at $86.17, which is still beating Walmart at $71.44. So Walmart is not as big as the social media kings, at least when it comes to the stock market valuation.
Online social media giants Facebook took the lead today, knocking down retailers Walmart out of the top 10 list of highest-valued firms in the Standard & Poor’s 500 index.
Facebook was valued at $242.7 billion as of late morning trading, and its share price rose more than 2 percent at $86.17 (As of June 30, 2015) and up 0.54 (0.63%). Wal-Mart Stores, has been valued at $233.8 billion, its stock price at $71.44 up 0.03 (0.04%).
It seems social media is going from strength-to-strength and with Facebook’s shares up a staggering 32 percent in the past year compared with just 8.2 percent for the S&P 500 index, it is rather exciting for team Zuckerberg.
Total revenue for Facebook’s first three months of 2015 hit $3.54 billion, with Walmart hitting $3.34 billion for its first fiscal quarter.