Shares of Facebook jumped 5.78% to $324.85 at 11:17 EST on Thursday, after four sequential sessions in a row of gains. NASDAQ Composite is rising 0.36% to $14,101.32, after two consecutive sessions in a row of losses. This seems, up to now, a somewhat positive trend exchanging session today.
Facebook’s last close was $307.10, 2.14% below its 52-week high of $331.80.
News about Facebook today
US stock index futures edge higher after Apple, Facebook beat estimates. According to today’s article on FX Empire, "Apple and Facebook made their announcement after the cash market close and President Joe Biden addressed Congress at 01:00 GMT."
Year-on-year quarterly revenue growth grew by 33.2%, now sitting on 85.96B for the twelve trailing months.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $324.85 at 11:17 EST, under its 52-week high of $331.80 and way above its 52-week low of $166.01.
Facebook’s Moving Average
Facebook’s worth is way above its 50-day moving average of $273.23 and way above its 200-day moving average of $270.80.
Previous days news about Facebook
Spotify’s new tie-up to allow listeners play music, podcasts from Facebook app. According to FX Empire on Monday, 26 April, "Spotify’s paid subscribers would be able to access full playback without advertisements without leaving the Facebook app.", "Both Spotify and Facebook have been fighting Apple on different fronts, from privacy changes on iOS devices to the 30% fee levied on app developers to use the iPhone maker’s in-app purchase system."
Facebook, twitter, youtube pressed by lawmakers on algorithms. According to Bloomberg Quint on Tuesday, 27 April, "She said Facebook is working to improve the content each person sees, to make it more relevant and meaningful for them.", "As part of this campaign, Facebook is buying ads in the nation’s capitol pointing out how much the internet has changed in the 25 years since current regulations became law."
Facebook, gucci file joint lawsuit against online counterfeiter. According to Bloomberg Quint on Tuesday, 27 April, "The individual, who isn’t identified in the statement, used various Facebook and Instagram accounts to dodge prior enforcement actions by the platforms, and continues to promote her business selling fake Gucci goods, the companies alleged.", "In the statement, Facebook said it took down more than one million pieces of content from its own and Instagram’s networks in the first half of last year, based on thousands of reports of counterfeit content from brands including Gucci."
More news about Facebook.