Facebook Stock Price on the Recovery, Gains 10 Percent in a Week

It seems that people are coming to grips with the Facebook IPO and, after the initial scare, some of the confidence in the stock is coming back. Facebook stock price was on the rise for most of last week, seeing a 10 percent boost overall.

Facebook stock price closed at $33.05, a significant improvement over the $30.14 it started the week with. At its lowest, Facebook hit $25.52, well below the $38 it entered the market with.

There are still plenty of problems with the IPO, NASDAQ seems to be taking the fall for most of the issues. Investors lost hundreds of millions of dollars over NASDAQ errors and delays, though it's still unclear how any of this could happen.

Facebook took a dive in early Monday trading, it is currently 0.20 percent down from the closing price on Friday, though the price is highly volatile. But that follows a sharp drop in early trading, stock price is on its way up again.