The Nasdaq Stock Market ended the session with Facebook rising 2.1% to $285.58 on Monday, following yesterday’s upward trend. The Nasdaq Stock Market jumped 0.45% to $12,520.00, after two consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session today.
Facebook today’s close was $285.58, 6.68% under its 52-week high of $304.67.
Facebook’s sales growth is 24.7% for the ongoing quarter and 24.6% for the next. The company’s growth estimates for the present quarter and the next is 24.2% and 20.5%, respectively.
Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.
Facebook’s Stock Top and Bottom Yearly Value
Facebook’s stock is valued at $285.58 at 20:43 EST, below its 52-week high of $304.67 and way above its 52-week low of $137.10.
Facebook’s Moving Average
Facebook’s value is above its 50-day moving average of $276.60 and way above its 200-day moving average of $257.86.
Previous days news about Facebook
U.S., states poised to sue Facebook for monopoly abuse. According to Bloomberg Quint on Mon Dec 7, “Facebook Inc. will soon be hit by federal and state antitrust lawsuits accusing the social media giant of abusing its dominance and thwarting competition, according to three people familiar with the matter.Lawsuits are expected as soon as this week from the Republican-led Federal Trade Commission and a group of state attorneys.”