Shares of Facebook jumped 7.26% to $329.40 at 15:14 EST on Thursday, after four successive sessions in a row of gains. NASDAQ Composite is falling 0.01% to $14,049.81, after two successive sessions in a row of losses. This seems, up to now, a somewhat negative trend trading session today.
Facebook’s last close was $307.10, 0.73% under its 52-week high of $331.80.
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."
Year-on-year quarterly revenue growth grew by 33.2%, now sitting on 85.96B for the twelve trailing months.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $329.40 at 15:14 EST, below its 52-week high of $331.80 and way above its 52-week low of $166.01.
Facebook’s Moving Average
Facebook’s value is way higher than its 50-day moving average of $273.23 and way higher than its 200-day moving average of $270.80.
Previous days news about Facebook
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."
Facebook, twitter, youtube pressed by lawmakers on algorithms. According to Bloomberg Quint on Tuesday, 27 April, "Executives from Facebook Inc., Twitter Inc. and Alphabet Inc.’s YouTube are fielding questions from senators about how user content is shared and highlighted on their platforms as lawmakers weigh changes to liability protections for internet giants.", "She said Facebook is working to improve the content each person sees, to make it more relevant and meaningful for them."
More news about Facebook.