Facebook Sharply Higher After Q4 Beat

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shares are trading higher by $11 at $105.45 in Thursday's session. The catalyst for the explosive rally is Q4 beat for EPS of $0.11 with a strong beat for revenues. The explosive rally in after-hours trading came within striking distance of its all time high ($110.65), but was turned back at $109.30. That level coincides with its all time closing high of $109.01 from November 11. Off the open, profit takers have flooded the issue. Off the higher open, it rallied another $0.75 to $107.95 before reversing course. So far, the ensuing decline has taken the issue to $104.81 before rebounding back into the $105 handle.