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In the fourth quarter, Facebook generated revenues of $33.67 billion, leading to operating income of $12.59 billion, and net income of $10.29 billion. The company also posted earnings per share of ...
Facebook's share price fell more than 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary Facebook shares drop 20 percent ($120B) from ...
Facebook today provided an update on how Apple’s privacy changes have impacted its ad business. The company had already warned investors during its second-quarter earnings that it expected to ...
What is after-hours trading? After-hours trading refers to the buying and selling of stocks outside of the standard trading hours of 9:30 a.m. to 4 p.m. Eastern Time (ET). This form of trading ...
As the economy has fallen into a downward spiral over the last month, behemoth corporations have proven that they are not immune. Apple (AAPL), Microsoft (MSFT), Intel (INTC) and more are all down ...
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Facebook stock has been on a tear in 2021, reaching a $1 trillion market cap in early July, though the share price has stalled in recent months with the market cap currently resting just south of ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. The stock saw another large loss the next day, closing at $31.00. A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. The stock increased modestly in coming days, and Facebook closed its first full week of ...