Two years after Mark Zuckerberg took Facebook Inc public,
people aren’t laughing anymore. Facebook shares surged to a record
high today rising as much as 6.7 percent to $76.03 at the open in
New York and topping the previous intraday high of $72.59 set in
U.S. stocks are at record highs and many analysts are saying
they're overpriced. This has motivated American investors to
diversify their portfolios into cheaper international stocks.
According to Investment Company Institute (ICI) data, investors
have moved a net $6.3 billion from U.S. stock funds this year,
while putting $60.5 billion in foreign stock funds.