Shares of Facebook jumped 6.79% to $327.94 at 14:14 EST on Thursday, after four sequential sessions in a row of gains. NASDAQ Composite is falling 0.28% to $14,011.23, after two sequential sessions in a row of losses. This seems, up until now, a somewhat negative trend exchanging session today.
Facebook’s last close was $307.10, 1.18% under 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."
Facebook blocks, then restores, calls for India's modi to resign. According to today’s article on The Wall Street Journal, "The companies in recent months have complied with some demands while resisting others, prompting Indian authorities to threaten to arrest individual employees of Twitter, Facebook and Facebook-owned messaging platform WhatsApp, The Wall Street Journal reported last month.", "The Journal previously reported that Facebook had made exceptions to its policies against hate speech to avoid conflict with Mr. Modi’s political party, the BJP, and that its former Indian public-policy director, Ankhi Das, had cheered the BJP’s electoral successes and derided its political opponents."
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 $327.94 at 14:14 EST, under its 52-week high of $331.80 and way higher than its 52-week low of $166.01.
Facebook’s Moving Average
Facebook’s value is way above its 50-day moving average of $273.23 and way higher than its 200-day moving average of $270.80.
Previous days news about Facebook
Facebook says supreme court ruling requires tossing FTC suit. According to Bloomberg Quint on Wednesday, 28 April, "The FTC sued Facebook in December, accusing the social media company of abusing its dominance to thwart competition in violation of antitrust laws. ", "The Supreme Court’s decision and its reasoning support Facebook’s argument that the FTC’s suit improperly circumvents limits on its authority," Facebook said in the filing in Washington federal court."
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."
More news about Facebook.