Facebook shares soar as mobile strategy bears fruit

 Facebook’s mobile push in the past year is paying off for shareholders.

In early trading Thursday, shares of the company are up more than 25 percent to $ 33.20. Facebook’s stock is at that level, near its 52-week high of $ 34, and far from its low of $ 17.55.

The social network significant jump comes the day after it announced that its mobile efforts have drummed by all types of cases. According to Facebook, which announced its earnings Wednesday, now it has 819 million monthly mobile users–a 51 percent increase compared with the same period a year ago. As of June 30, the company had 1.15 billion monthly users and more than 1 million active advertisers who helped the company generate 1.81 billion in revenue–a 61 percent jump.