NASDAQ Composite opens in less than one hour and Facebook‘s pre-market value is already 7.92% up.
The last session, NASDAQ Composite ended with Facebook jumping 1.16% to $307.10. NASDAQ Composite slid 0.28% to $14,051.03, after two successive sessions in a row of losses, on what was a somewhat rough trend exchanging session.
Facebook’s last close was $307.10, 1.24% below its 52-week high of $310.91.
News about Facebook today
Facebook blocks #resignmodi posts for hours as India crisis grows. According to today’s article on Bloomberg Quint, "This year, the country established new rules that require the likes of Facebook and Twitter Inc. to take down unlawful content quicker, triggering a debate over freedom of speech in the world’s largest democracy.", "We temporarily blocked this hashtag by mistake, not because the Indian government asked us to, and have since restored it," a Facebook company spokesperson said."
Facebook blocks, then restores, calls for India's modi to resign. According to today’s article on The Wall Street Journal, "The companies in recent months have complied with some demands while resisting others, prompting Indian authorities to threaten to arrest individual employees of Twitter, Facebook and Facebook-owned messaging platform WhatsApp, The Wall Street Journal reported last month.", "We temporarily blocked this hashtag by mistake, not because the Indian government asked us to, and have since restored it," said Andy Stone, a Facebook spokesman."
Year-on-year quarterly revenue growth grew by 33.2%, now sitting on 85.96B for the twelve trailing months.
Facebook’s last day, last week, and last month’s current volatility was 1.16%, 1.04%, and 1.13%, respectively.
Facebook’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.81% (day), 1.74% (last week), and 2.00% (last month), respectively.
Previous days news about Facebook
Facebook, gucci file joint lawsuit against online counterfeiter. According to Bloomberg Quint on Tuesday, 27 April, "The individual, who isn’t identified in the statement, used various Facebook and Instagram accounts to dodge prior enforcement actions by the platforms, and continues to promote her business selling fake Gucci goods, the companies alleged.", "In the statement, Facebook said it took down more than one million pieces of content from its own and Instagram’s networks in the first half of last year, based on thousands of reports of counterfeit content from brands including Gucci."
Leaked memo: Facebook details how Apple's privacy change will impact its advertising business. According to Business Insider on Wednesday, 28 April, "Apple’s move comes on the heels of Facebook reporting earnings on Wednesday, with revenue up 48% year over year to $26.17 billion.", "To learn more about the impact of Apple’s iOS 14 prompt, as well as a high level view of how we’re thinking about the future of advertising on Facebook, visit Facebook for Business."
More news about Facebook.