FB share price hit 45 dollars the first day so when again?
What will that $429M tax refund do to the price? Any accountant here??? Thx.
429M refund for a 60B Market cap stock? well 429M/60B = ~1%. So +~1%, everything else being equal.
It will make their cash go up by $429M and is mostly immaterial to future income (except for a little bit of interest).