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Facebook Stock Is 3% Up As Session Comes To An End On Monday

Via News Editorial Team

December 28, 2020

Facebook Stock Is 3% Up As Session Comes To An End On Monday

Shares of Facebook jumped 3.24% to $276.06 at 15:39 EST on Monday, following last session's downward trend. NASDAQ Composite is rising 0.92% to $12,922.18, following last session's upward trend, This seems, so far, a somewhat positive trend trading session today.

Facebook's last close was $267.40, 10.36% under 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, "had announced a global deal with Facebook Inc. to license its music for video and other social experiences across Facebook and Instagram.", "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 current quarter and 24.7% for the next. The company's growth estimates for the ongoing 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.

Volatility

Facebook's last day, last week, and last month's average volatility was a negative 0.27%, a negative 0.53%, and a negative 0.17%, respectively.

Facebook's last day, last week, and last month's high and low average amplitude percentage was 1.58%, 2.30%, and 2.63%, respectively.

Facebook's Stock Yearly Top and Bottom Value

Facebook's stock is valued at $276.06 at 15:39 EST, under 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 higher than its 50-day moving average of $276.03 and above 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, "The move to wind down the units started after the U.S. Internal Revenue Service took Facebook to court, saying the social media company was shifting funds through Ireland to avoid U.S. taxes, the Times said. ", "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."