Shares of Facebook dropped 2.62% to $260.55 at 10:36 EST on Monday, following last session’s downward trend. NASDAQ Composite is falling 0.79% to $13,097.18, after two consecutive sessions in a row of gains. This seems, up to now, a somewhat negative trend exchanging session today.
Facebook’s last close was $267.57, 16.93% under its 52-week high of $304.67.
News about Facebook today
Twitter, Facebook and others silenced trump. now they learn what's next.. According to today’s article on The Wall Street Journal, "Though Parler and other smaller platforms might grow, longtime observers of social media say the significant scale of Twitter and Facebook make those platforms unlikely to lose their influence.", "Now Twitter Inc., TWTR -1.62% Facebook Inc. FB -0.44% and others must reckon with what comes next."
Facebook’s sales growth is 24.7% for the present 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 0.44%, a negative 0.42%, and a negative 0.28%, respectively.
Facebook’s last day, last week, and last month’s high and low average amplitude percentage was 2.18%, 2.60%, and 2.66%, respectively.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $260.55 at 10:36 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 worth is under its 50-day moving average of $274.97 and under its 200-day moving average of $264.88.
Previous days news about Facebook
Trump's Facebook ban is just 'a band-aid on a bullet wound,' critics say – but no one can agree on the best way to wipe out the disinformation contagion. According to Business Insider on Friday, 8 January, "The group found that a small group of 20 influencers on Facebook was achieving interactions that surpassed mainstream media outlets, despite the 20 accounts having far fewer followers. ", "A US senator on Thursday called Twitter and Facebook "collaborators" in the riot that ravaged the US Capitol on Wednesday, and a host of tech luminaries blasted the executives who lead the companies. "
Facebook, twitter, google face calls to ban trump from accounts. According to Bloomberg Quint on Friday, 8 January, "That same month, leaders of the National Association for the Advancement of Colored People, the Anti-Defamation League and Color of Change, a racial justice advocacy group, organized an advertiser boycott of Facebook over the proliferation of hate speech on the platform.", "Civil rights leaders have continued to press Facebook to eliminate misleading posts about the election, arguing they erode the public’s confidence in the electoral process. "
Facebook ban on trump is ‘holy inquisition,’ Mexico’s AMLO says. According to Bloomberg Quint on Friday, 8 January, "The move by Internet giants Facebook Inc. and Twitter Inc. to suspend President Donald Trump’s access to social media accounts is a "bad omen," according to Mexican President Andres Manuel Lopez Obrador.", "On Thursday, Facebook Chief Executive Officer Mark Zuckerberg said his firm would extend the ban on Trump’s posts "indefinitely," or for at least two weeks, until President-elect Joe Biden takes over."
Twitter and Facebook both banned trump from their platforms. here's why that doesn't violate the first amendment – or any other laws. According to Business Insider on Saturday, 9 January, "That purge could very likely hurt far-right accounts – something Facebook itself has implicitly acknowledged, according reports from The Wall Street Journal and The Washington Post.", "After months of escalating tensions between President Donald Trump and social media companies, Twitter and Facebook finally decided this week that the president had crossed a line too far."
Experts say Facebook and twitter were 'indirectly involved' in the US capitol siege since they gave president trump and his far-right supporters a place to congregate for years. According to Business Insider on Saturday, 9 January, "The movement that stormed the Capitol was born out of ‘Stop the Steal’" – Trump’s baseless campaign that the 2020 presidential election was stolen from him – "which not only started on Facebook and Twitter but grew, aided by the algorithm that those platforms use to make money," Ruby-Sachs said.", "A group of pro-Trump extremists stormed the US Capitol on Wednesday, and while some experts have told Insider platforms like Facebook and Twitter aren’t "directly implicit" in the violence that ensued, they’re not completely absolved of their role in it either."
Facebook pressed to retain digital evidence from capitol riot. According to Bloomberg Quint on Saturday, 9 January, "U.S. Senator Mark Warner, a Democrat from Virginia, wrote to Facebook Inc. Chief Executive Officer Mark Zuckerberg and asked him to "undertake reasonable measures" to retain any content linked to the attacks that may be needed for future legal action.", "Warner, the incoming chairman of the Senate Intelligence Committee, earlier described Twitter Inc.’s decision to ban President Donald Trump as "an overdue step." Facebook has already blocked Trump on its platforms at least until the end of his term."
The 21 books on big tech to watch out for in 2021, busting the scandalous inside stories and wild rise of giants like Facebook, spacex, and spotify wide open. According to Business Insider on Sunday, 10 January, "Highlights include "An Ugly Truth", the latest deep dive into Facebook from New York Times reporters Sheera Frenkel and Cecilia Kang, which reveals how Facebook tried to deny its role in the spread of disinformation worldwide, and "Driven", the new book from Insider’s very own Alex Davies, which charts Big Tech’s battle to develop autonomous vehicles."
Elon Musk made a jab at Facebook, linking the rampage at the capitol to the social network. it's the latest insult in a years-long feud between musk and mark zuckerberg.. According to Business Insider on Sunday, 10 January, "Musk also criticized Facebook’s data-sharing practices, tweeting another meme about Facebook that mentioned the company "spying" on users following the announcement by Facebook-owned WhatsApp that it would start forcing users to share their personal data with Facebook.", "Duringa Facebook Live broadcast, a viewer asked Zuckerberg for his thoughts on Musk’s anxieties around AI."