Facebook Higher After Staying The Course With Leadership

Facebook Inc FB shares are trading higher by $1.19 at $114.66 in Tuesday session. The Street seems content that Mark Zuckerberg will remain in charge of the company.

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After a higher open, it retreated $0.12 to $114 before continuing its move higher. The ensuing rally found resistance ahead of its June 15 high ($115.48), only reaching $115.21. However, it hasn't been able to hold on to those gains and has fallen back to the $114.50 area.