Facebook, Inc.

FB: Share Price & Live Data

217.26 USD
-0.23 (-0.11%)
Price open 216.52
Previous close 217.49
Market cap 619.29B
Volume 3.54M
Day high 218.77
Day low 216.52
Year high 224.20
Year low 159.28

About Facebook, Inc.

Facebook is the world’s largest social networking company. The company was founded’ in 2004 by Mark Zuckerberg while in college at Harvard. Headquartered in Menlo Park California, the company’s core business revolves around providing a platform where people can connect and share anything through mobile devices personal computers, among other surfaces.

The company’s product line also includes Instagram that allows people to share photos, video, and messages, Messenger for connecting with friends and businesses. It also includes WhatsApp a messaging app.

Facebook went public in 2014 in an IPO that valued it at $104 billion, the largest in history. The company boasts of a primary listing on the NASDAQ stock exchange and considered one of the big four tech giants.

Latest Facebook, Inc. News

EU industry commissioner says the EU is not liable to adapt to Facebook’s standards

Thierry Breton, the EU industry commissioner, reminded Facebook on Monday that it is for the social network to align its policies and operations as per Europe’s standards and not the other way around. Breton largely disregarded the internet rules proposed by the well-renowned U.S social media as insufficient. Breton’s comment came followi...

51% increase in expenses and contracting operating margin sees a 7% decline in Facebook’s stock

The world-popular social network, Facebook Inc., announced better than expected earnings and revenue in the recent quarter on Wednesday. Despite beating the analysts’ estimates, the stock was seen trading 7% lower in extended trading following the earnings report that also highlighted a sharp increase in Facebook’s costs and contracting o...

Facebook to expand its workforce by 1000 new employees in London

In an attempt to expand the engineering center, the world-famous social network, Facebook had previously announced plans of establishing units outside the U.S. As per the recent development, Facebook has said in a statement that as many as one thousand professionals are likely to be hired in London in 2020. The new hiring is expected to e...

Facebook regains 2018’s losses as it prints a record high of $219.88 in the stock market on Friday

Following scandals circling user privacy concerns, Facebook had seen a huge slump in its share prices in 2018 that saw the stock trading as slow as around $120 per share. In the past two years, Facebook has been focused on regaining the 2018’s losses in the stock market. As of Friday, the world-renowned social network has successfully fin...

Google pays an additional $326.75 million to settle a tax dispute with the Australian Taxation Office

The tax dispute between Google and Australia’s tax office has gone on for quite some time. As of Wednesday, however, Alphabet Inc’s subsidiary announced that the dispute has been settled. The company also announced that it had to pay an additional $326.75 million above the previous tax bill to settle the dispute. Settlement With Google Wi...

FSB sees Big Tech’s penetration into financial services as a threat

In an attempt to ensure fair competition, the Financial Stability Board (FSB) announced on Sunday that Google, Amazon, Alibaba and a range of other tech giants could be pushed to share the financial services customers’ data with fin-tech firms and banks. Following Facebook’s scrutiny for its upcoming Libra cryptocurrency, regulators from...

Overview

Name
Facebook, Inc.
Exchange
NASDAQ Stock Exchange
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Full time employees
44,942

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