Shares of Facebook jumped 2.8% to $268.41 at 12:40 EST on Wednesday, after two sequential sessions in a row of gains. NASDAQ Composite is jumping 1.75% to $13,427.92, following last session’s upward trend, This seems, so far, an all-around positive trend trading session today.
Facebook’s last close was $261.10, 13.51% below its 52-week high of $304.67.
News about Facebook today
Facebook improves photo experience for the blind, visually impaired. According to today’s article on Business Insider, “A screen reader can describe the contents of these images using a synthetic voice and enable people who are BVI to understand the images in their Facebook feed.”
Facebook’s sales growth is 24.9% for the present quarter and 25.6% for the next. The company’s growth estimates for the current quarter and the next is 24.6% and 20.5%, respectively.
Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.
Facebook’s last day, last week, and last month’s average volatility was a positive 3.87%, a positive 0.34%, and a negative 0.26%, respectively.
Facebook’s last day, last week, and last month’s high and low average amplitude percentage was 3.75%, 3.28%, and 2.72%, respectively.
Facebook’s Stock Yearly Top and Bottom Value
Facebook’s stock is valued at $268.41 at 12:40 EST, way under its 52-week high of $304.67 and way higher than its 52-week low of $137.10.
Facebook’s Moving Average
Facebook’s value is under its 50-day moving average of $270.94 and above its 200-day moving average of $265.96.
Previous days news about Facebook
The ratings game: Facebook stock upgraded as BMO says risks to ad targeting could ease. According to MarketWatch on Tuesday, 19 January, “Salmon is also upbeat about ongoing initiatives at Facebook as the company looks to drive increased revenue from areas like e-commerce, messaging, and payments. “