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This news, coupled with the disappointing earnings report and revenue forecast, sent the stock plummeting over 20%. As of early Feb. 8, the stock was trading at a 52-week low of $219.77.
Meta Platforms, the parent company of Facebook (Nasdaq: FB), released its fourth-quarter and full-year earnings for fiscal year 2021 on Feb. 2. The tech giant's weak quarterly results and first ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. [41] The stock saw another large loss the next day, closing at $31.00. [41] A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. [42] The stock increased modestly in coming days, and Facebook closed its first ...
The market cap is the value of all of the company’s stock combined, giving you a sense of what value investors are placing on the company based on the price it is trading at. Facebook’s market ...
Facebook (FB) closed the most recent trading day at $351.89, moving -1.05% from the previous trading session.
The stock struggled to stay above the IPO price for most of the day, forcing underwriters to buy back shares to support the price. [32] At the closing bell, shares were valued at $38.23, [ 33 ] only $0.23 above the IPO price and down $3.82 from the opening bell value.
Facebook (FB) shares closed more than 1.2% higher on Wednesday, lifting the stock closer to the all-time high it reached before the early-February correction. Here's why FB could very well offer ...
Mark Zuckerberg launched Facebook in 2004 and took the company public in 2012. In November 2021, Facebook changed its name to Meta Platforms, Inc. The company owns Instagram , its flagship ...