Tag Archives : Facebook Stock

Facebook  posting $1.26 billion in revenues for its third quarter against the analyst estimate of $1.23 billion, earnings per share for the company, meanwhile, came in at $.12 compared to an estimate of $.11. The narrow margin was enough to boost the sentiment of investors as Facebook’s stock price was up 11% in after hours trading on the news. “As proud as I am that a billion people use Facebook [...]

Facebook stocked opened at US $19.93 a share on Wednesday and saw a low of US $19.45 after a report about Facebook resisting  attempts  by the U.S. Securities and Exchange Commission to disclose more about the advertising revenues from mobile. A Bloomberg News article  talks about letters between Facebook and the SEC’s corporation finance division, which oversees what publicly traded companies [...]

Credit : TechCrunch Disrupt Live Stream Facebook’s stock jumped 4.6% in intraday trade following its CEO Mark Zuckerberg’s interview with Michael Arrington, at the TechCrunch Disrupt conference at San Francisco.”The performance of the stock has obviously been disappointing,” said Zuckerberg in his first interview after the IPO launch, in an apparent attempt at reassuring investors and [...]

Facebook’s stock price plunged to a below US $20, almost half the price it debuted at in May. Facebook shares are down more than 4% today, falling to as low as $19.82. When Facebook first listed on May 18, its shares opened at just over US $42. Facebook valuation was touted to be US $100 billion-plus prior to the IPO. The latest figures put the company’s market cap at around US $43 billion which [...]