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Facebook Stops Growing In Its Most Lucrative Markets
Facebook’s 2018 third-quarter earnings report is a confirmation that the social network company has ended the era of nonstop growth. The company’s growth in …
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Facebook Stock hits an all-time high after EPL broadcast news
Facebook stock on Friday closed at an all-time high, with a 2.41% rise, ending at $203 per share. The record high for the social …
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Facebook CEO Mark Zuckerberg Takes Philanthropy on a New Scale
Facebook CEO Mark Zuckerberg is not just the biggest name in the tech world and a father; he is now regarded as one of …
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Facebook shares soar with mobile ads getting more popular
The social networking company shares soared in after-hours trading yesterday. Its mobile advertising sales advanced it to a stronger-than-expected quarterly profit from virtually nothing a year ago to 41 percent of its total ad revenue of $1.6 billion in the second quarter.
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Facebook director Peter Thiel sells off most of his shares as lock-up ends
Facebook Inc. director Peter Thiel sold most of his shares of the social-media giant last week. As it was stated in a regulatory filing, he had earned roughly $400 million on selling his stake, bringing his proceeds to approximately $1 billion. Data shows that Facebook director earned $640.1 million in sales during the initial public offering.
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Facebook shares dropped by 6% as investors cash out
Facebook shares dropped by 6.27 percent. Facebook stock hit record low as the first lock-up period ended. Shareholders, who invested in the well-know social media company, cashed out some of their stake. Facebook shares are down almost 50 percent from its debut.
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Facebook Shares Hit Record Low
Social networking site Facebook’s shares slid all the way down by 6.2 percent to reach a new record low. The incident took place on Tuesday which happened to be the third straight day of disappointing results for Facebook Inc. which showed a marked decrease in the growth rate of users and gave rise to renewed doubts regarding its capability to maintain its profitable valuation.
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Facebook Halts its Secondary-Market Trading this Week
Facebook has kept people waiting for months for its shares to finally go public. There are many others who have been trying to get a few shares in the secondary markets hoping for Facebook shares to pop out of the gate.
