20.04.2020 Facebook Daily Analysis

20.04.2020 Facebook Daily Analysis

Facebook Inc (FB) 179.24 ,+2.99 ,+1.70% Today Facebook went up with almost 2 percent and it is trading on 179.24usd  and the stock keeps gaining at the moment because of huge companies that want to cooperate with Facebook right now. Three Indonesian digital fintech firms are currently working with Facebook Inc to apply for regulatory approval to launch mobile payments in their country and if this plan gets approval it will be a priority on Facebook Pay It which was unveiled in November. This allows the users across its various platforms including WhatsApp and Instagram to make payments without exiting the app. Facebook wants to capitalize on the Indonesian market and is preparing for regulatory approval in the country and this is something that the investors closely looking for it is said that it will increase the value of the stock.