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Facebook Stock Price (Nasdaq: FB) Keeps Paying, Despite Bad Press from BABA

facebook stock price
Facebook CEO
Mark Zuckerberg

Everyone's been down on the Facebook stock price (Nasdaq: FB) this week.

You see, the $16 billion the Facebook IPO raised in 2012 made it the largest tech IPO of all time. Its size has drawn comparisons to the Alibaba IPO, which is even bigger. The Chinese e-commerce company priced its initial stock offering at $68 a share, giving it a valuation of roughly $21.8 billion. BABA stock started trading today on the New York Stock Exchange at $92.70 a share.

But after Facebook's IPO, FB stock proceeded to drop more than 50% in its first three months – a fate that Alibaba investors would like to avoid. That's why media has been drawing distinctions between the two, speaking of BABA's graces and Facebook's failings.

Regardless of the negativity, don't forget that the Facebook stock price has absolutely delivered for investors – and it's got a lot more in store…

FB Stock's Amazing Run

Facebook stock experienced a volatile ride after its infamously disastrous May 2012 IPO. Through mid-2013, shares slumped 35% under its initial offering price.

But since July 2013, FB stock has soared nearly 210% – and it's not showing any signs of slowing.

"One thing about [Facebook founder and CEO] Mark Zuckerberg is, he finds out what's wrong with his company, and he fixes it. He doesn't let his ego get in the way of success," Money Morning Defense & Tech Specialist Michael A. Robinson said earlier this year. "At this rate, earnings – and FB stock itself – could double in less than 2.5 years."

In its most recent earnings reported on July 23, the world's largest social networking giant beat Wall Street expectations with earnings per share (EPS) that doubled what it posted in the same quarter a year ago. And it notched a 19% year-over-year increase in daily user count – a good sign that the company's still growing.

The company's success breaking into the mobile revolution bodes well for the future of Facebook's stock price…

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