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Shares of Facebook Inc. (NASDAQ: FB), the social networking giant, are seeing a huge rally in trading today. At last check, FB shares were trading 9.26% higher at $21.70 on above average volume of 91.27 million. The stock hit an intra-day high of $22.09 in trading today. FB shares have gained nearly 13% in the [...]
Social networking giant Facebook Inc. (NASDAQ: FB) surprised everyone on Tuesday after the company’s third-quarter results showed mobile advertising growth. The positive surprise has sparked a huge rally in FB shares, which are up more than 25% pre-market trading today.
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Some people wrote it off; others questioned its valuation while some doubt its future; but, the reality is that Facebook Inc. (NASDAQ: FB) is still the leading social networking site, in terms of active monthly users and is going strong.
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Under pressure for not being able to generate enough clicks on advertisements posted on its website, Facebook Inc. (NASDAQ: FB), the social networking giant urged advertisers to look at bigger picture instead and should not worry about number of hits.
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Facebook Inc. (NASDAQ: FB) leaped 6.59% on Friday after the social networking giant announced that it has added a new feature which would allow its users to send gifts to their friends. With gift giving season around the corner, FB’s latest feature could not have come at a better time. Facebook’s new feature has been [...]
Shares of Social Network, Facebook Inc. (NASDAQ: FB) are flat in trading today after falling sharply in the previous trading session. FB shares slumped on Monday after an article published in the financial magazine Barron’s stated that the “Stock is too pricey”.
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The following were the major gainers and losers in trading on Monday, September 24, 2012.
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Facebook (NASDAQ: FB) gained almost 6.5% on Wednesday after its Chief Executive Mark Zuckerberg made first public appearance ever since FB’s botched IPO.
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There seems to no end to “FarmVille” maker, Zynga Inc.’s (NASDAQ: ZNGA) ordeal. While its share have been hammered in the recent past after the compnay failed to respond to changing videogame market dynamics, it also kept losing its top executives one by one. Joining the list of top executives who have left the company [...]
Social gaming company Zynga Inc.’s (NASDAQ: ZNGA) FarmVille became so popular after its launch on Facebook’s (NASDAQ: FB) platform that it threatened bigger and well established rivals in the gaming industry; nonetheless, it began to struggle after the advent of Apple Inc.’s (NASDAQ: AAPL) iPad as more and more users started to play games on [...]
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