Shares of Facebook rose 3.51% to $276.79 at 13:42 EST on Monday, following last session's downward trend. NASDAQ Composite is jumping 0.87% to $12,916.24, following last session's upward trend, This seems, as yet, a somewhat positive trend exchanging session today.
Facebook's last close was $267.40, 10.07% below its 52-week high of $304.67.
News about Facebook today
Tips industries, Facebook ink licensing deal. According to today's article on Bloomberg Quint, ""It has been a big and significant year for Tips music, as the company signs another global deal with the biggest social media platform in the world Facebook to license its music for videos and other social experiences across Facebook and Instagram," Tips Industries said in a statement.", "With the move, Facebook and Instagram users will be able to add Tips' music catalogue to their posts and stories, the statement added."
Facebook's Sales
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.
Facebook's Revenue
Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.
Facebook's Stock Yearly Top and Bottom Value
Facebook's stock is valued at $276.79 at 13:42 EST, below its 52-week high of $304.67 and way higher than its 52-week low of $137.10.
Facebook's Moving Average
Facebook's value is above its 50-day moving average of $276.03 and higher than its 200-day moving average of $262.30.Previous days news about Facebook
Facebook shutting irish units at center of tax dispute: times. According to Bloomberg Quint on Sat Dec 26, "Facebook also moved billions of euros in profits back to the U.S. from Ireland, the paper reported.", "Facebook Inc. has moved to wind down several Irish holding companies that had allowed it to shift billions of dollars in profit to the country, where it was lightly taxed, the Times of London reported, citing company documents."
16 leaders from firms like Facebook, darktrace, revolut reflect on how the pandemic upended the way they work and live, and what 2021 will look like. According to Business Insider on Sun Dec 27, "We spoke to 15 CEOs, founders, and executives from firms such as Facebook, Revolut, and Darktrace about how 2020 had changed their priorities in work and life, and the lessons they want to take into 2020."