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30.04.2020 Facebook Inc (FB) Daily Analysis

Today Facebook is trading at 194.19usd and it went up with almost 11.28usd and this was after they announced the earnings reports of the first quarter of

Yazar: editor_1

Yayınlanma: 1 Mayıs 2020 14:24

Güncellenme: 8 Kasım 2024 07:33

30.04.2020 Facebook Inc (FB) Daily Analysis

Facebook Inc (FB) 194.19USD ,+11.28 , +6.17%

Today Facebook is trading at 194.19usd and it went up with almost 11.28usd and this was after they announced the earnings reports of the first quarter of the year yesterday and the reports came out positive and solid. The shares of Facebook rose as much as 10% in after-hours trading on after the company announced its first-quarter results. In March Facebook faced a decline in its Ad Revenue due to the coronavirus situation but In the first weeks of April, the stock started to stabilize showing some good results for the stock which was promising to the company. The company’s revenue came in at $17.74 billion, up nearly 18% from the $15.08 billion the company reported in the first quarter of 2019.

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