NASDAQ Composite ended the session with Facebook jumping 2.46% to $269.79 on Thursday, following last session’s downward trend. NASDAQ Composite rose 2.61% to $13,073.47, following last session’s downward trend on what was an all-around positive trend trading session today.
Facebook today’s close was $269.79, 12.93% under its 52-week high of $304.67.
News about Facebook today
Elon Musk took a swipe at Facebook after the attack on the capitol, saying that the riots were the result of a 'domino effect' stemming from the social network's creation. According to today’s article on Business Insider, "In February, he urged people to delete their Facebook accounts, calling the platform "lame," and in May he tweeted "Facebook sucks" during a clash with the social media giant’s artificial intelligence lead.", "Elon Musk seemingly blamed the creation of Facebook for the violence in the US Capitol building in a tweet posted late Wednesday night."
According to today’s article on CNBC, "The new round was led by TCV, an investor in Facebook and Netflix, with additional investment coming from Tiger Global and Arena Holdings."
According to today’s article on Bloomberg Quint, "and Facebook Inc. — a portfolio that’s returned 115% since the hedge fund’s inception through the end of 2020. "
Facebook’s sales growth is 24.7% for the ongoing quarter and 24.7% for the next. The company’s growth estimates for the current quarter and the next is 24.6% and 21.1%, respectively.
Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.
Facebook’s last day, last week, and last month’s average volatility was a negative 2.91%, a negative 1.01%, and a negative 0.29%, respectively.
Facebook’s last day, last week, and last month’s high and low average amplitude percentage was 2.98%, 2.66%, and 2.69%, respectively.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $269.79 at 16:15 EST, way 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 below its 50-day moving average of $275.07 and higher than its 200-day moving average of $264.26.
Previous days news about Facebook
According to The Wall Street Journal on Monday, 4 January, "Many young workers fantasize about getting in early at, say, the next Facebook , tantalized by the rewards that come when a sink-or-swim enterprise proves itself viable."
According to Business Insider on Monday, 4 January, "Currently, Facebook transfers substantial amount of its data using the existing ‘dark fiber network’. "
According to Business Insider on Monday, 4 January, "People want to hear from their favorite creators and businesses on Instagram, and an engaged community can drive meaningful business growth," a Facebook spokesperson said in a statement. "
According to Business Insider on Tuesday, 5 January, "Total views of all five livestream shows have surpassed 9M across FaZe Clan’s Twitch, YouTube, Facebook and Instagram. "
According to MarketWatch on Tuesday, 5 January, "and Facebook to revolutionize their industries, financial technology companies in blockchain are now mature enough to provide real alternatives. "
According to Business Insider on Wednesday, 6 January, "A statement issued on the embassy’s Facebook page on December 13 said: "Malicious activities in the information space contradict the principles of the Russian foreign policy, national interests and our understanding of interstate relations," adding, "Russia does not conduct offensive operations in the cyber domain."
According to Bloomberg Quint on Wednesday, 6 January, "Bloomberg News sent an email to the address listed on Viet Dynasty’s Facebook account seeking a response to the labeling."
Facebook has removed a video of president trump spouting baseless claims of election fraud as his supporters violently stormed the US capitol. According to Business Insider on Wednesday, 6 January, "Both Facebook and Twitter have faced instances like this often in 2020 as the platforms sought to crack down on misinformation related to the 2020 presidential election, misleading information that was commonly spread by Trump himself. "