Facebook worth more than Walmart

Facebook shareholders will definitely “like” this story.

The social networking site is now worth more than Walmart.

Facebook’s market value is nearly $245 billion after its stock reached an all-time high yesterday.

That’s about $10 billion more than Walmart.

Walmart is still the world’s largest company when it comes to total sales, but as a result of Facebook’s move, the retailer is no longer among the top ten most valuable companies in the S&P 500 index.