Facebook CEO Mark Zuckerberg says it is “disappointing” that the stock has dropped as much as it has but said that the company’s mobile strategy that will guide its growth is “misunderstood.” “The performance of the stock has obviously …
Stock hits $19 per share, nearly half its original value, as major investors become eligible to sell their holdings. Facebook’s stock plunged to a new low on Thursday after the expiration of a ban that had prevented some early …
(Reuters) - Facebook Inc (FB.O) shares slid on Thursday, as investors shrugged off strong quarterly results and worried about the cost of the company’s decision to spend more on preventing misuse of the world’s biggest social media …
UPDATE: This post has been updated to incorporate comments from Jim Breyer and other minor changes. Cash is good, and Facebook, following its $240 million investment from Microsoft, now has plenty of it. It might have much much …
It is closing in on U.S. technology firms including Facebook, which is worth …
A new study just revealed that even as Facebook stock hit an all-time-high of $131 per share after reporting huge earnings this week, users are rapidly losing enthusiasm. Facebook announced on July 27 that the company earned 97 cents …
(CNN Money) — There’s been a lot of talk lately about big problems facing Facebook. Russia ads that tried to influence election outcomes. Fake news. Mark Zuckerberg’s tacky avatar “visit” to Puerto Rico after Hurricane Maria. But none of …
Mark Zuckerberg, Facebook’s chief executive, sold $42.5 million worth of his company’s stock this week. The transactions were executed on June 21 and 22 and were largely related to charitable efforts by Zuckerberg and his wife, …
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As the tech sector looks to quickly shrug off its recent volatility, shares of social media behemoth Facebook FB gained more than 1.2% in morning trading on Monday. The stock is now sitting comfortably near the top of its 52-week range, …
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