Tech Five: Facebook, Nokia stock soaring
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Tech Five: Facebook, Nokia stock soaring 4 2 Share This Story!Let friends in your social network know what you are reading about Tech Five: Facebook, Nokia stock soaringFacebook. Nokia. Amazon. Pandora. Twitter. Follow Brett Molina on Twitter: @brettmolina23 Post to Facebook Try Another Audio CAPTCHA Image CAPTCHA Help {# #} CancelSendSent!A link has been sent to your friend's email address.Posted!A link has been posted to your Facebook feed. Add Videos or PhotosBe first to contributeSign in now to share your story.Sign in with FacebookSign in with Google+Be first to contribute Verifying your credentials... Please wait. Uh oh! We're experiencing a few technical issues. Try again Post to Facebook Try Another Audio CAPTCHA Image CAPTCHA Help {# #} CancelSendSent!A link has been sent to your friend's email address.Facebook logo.(Photo: Matt Rourke, AP)Two tech companies are surging early in midday trading. Let's take a look at the technology stocks to watch Thursday:Facebook. Shares of the social network are up 7% -- double its IPO price of $38 -- as mobile ad revenue continues to spur growth. The company reported a 61% bump in revenue[1] and more than doubled its profit during the second quarter. Meanwhile, mobile advertising revenue skyrocketed 151% compared to the same time last year.Nokia. The sale of its handset business to Microsoft seems to be paying off. Shares of Nokia are up 7.5% after boosting its forecast on profit for the year, AP reports[2]. Although revenue dipped during the second quarter, profit jumped 20%. The company closed its deal to sell its handset unit to…
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