Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Facebook's stock is cruising at an all-time high

JILLIAN D'ONFROJan 29, 2016, 22:41 IST

Kimberly White / Getty Images

Facebook's stock is cruising at an all-time high Friday, days after the company delivered a stellar Q4 earnings report.

Wall Street drooled at the company's solid revenue growth, making the stock go buck-wild in after-hours trading on Wednesday, and the momentum has continued.

Hovering above $112, the stock is at an all time high (it officially passed its record of $109 on Thursday).

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

One of the striking things about Facebook's earnings report is how well the company has mastered mobile.

In 2012, only a few years ago, Facebook was making hardly any money from mobile advertising. It was only 23% of the company's ads business. Now, 80% of its $5.6 billion in advertising revenue comes from smartphones.

NOW WATCH: Everything Apple will unveil this year

Please enable Javascript to watch this video