How creating new Facebook stock will keep Mark Zuckerberg in control

April 28, 2016 6:29 PM

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When Facebook Inc. announced its first-quarter earnings Wednesday, a few things were clear: The number of users on the social network is climbing, its ad revenue is soaring and its shareholders have every reason to be smiling ear to ear.

The company’s stock jumped nearly 10% and was trading at a high of $120 on Thursday morning.

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