Facebook, Inc. is a social media website that aims to
connect people all across the world. A normal perception is that people only
use Facebook to connect with their friends and family, but another main purpose
of this social media website is to advertise the products and services of
different enterprises all around the world. The reason for that is that more
than 80 million people all around the world are subscribed with Facebook and
companies can advertise their products with greater ease and convenience and
get higher returns. Headquarter of the company is situated in Menlo Park, CA
and it was founded in 2004.
As far as the speculations in the stock market are concerned, Facebook is making excellent growth in the world in terms of higher revenues. The EPS has also been well above the other competitors in social media industry. This has encouraged the investors to buy Facebook stock at stable price and then sell it when the prices have gone up. The Facebook stock price today is $56.14 with an average change of -2.72%. The highest and lowest stock prices of the company since the last 52 weeks have been $72.58 and $22.67, respectively. This shows a major fluctuation in the stock prices and suggests that the investors do know the importance of these fluctuations as once they buy FB stocks at low prices, they are going to reap higher benefits by selling the same stocks when stock prices go up. This is the reason that Facebook is well liked by the investors due to opportunities they attain through buying and selling the FB stock.
Facebook is actually performing quite well and is up to the investors mark. People have started expecting more from Facebook.
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