Why Facebook's Stock Climbed 15.6% in August

Shares of Facebook (NASDAQ: FB) climbed 15.6% in August, according to data provided by S&P Global Market Intelligence.

The social media giant is one of the FAANG stocks that's been driving the market to record highs in the last month. Facebook's stock has also been scaling new all-time highs and is up an impressive 39.8% year to date.

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Source Fool.com