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Meta Platforms, the parent company of Facebook (Nasdaq: FB), released its fourth-quarter and full-year earnings for fiscal year 2021 on Feb. 2. The tech giant's weak quarterly results and first ...
The stock closed its second full week of trading on June 1 at $27.72. By June 6 investors had lost $40 billion. Facebook ended its third full week at $27.10, slightly lower than a week previous. The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18.
Mark Zuckerberg launched Facebook in 2004 and took the company public in 2012. In November 2021, Facebook changed its name to Meta Platforms, Inc. The company owns Instagram , its flagship ...
Following Facebook whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection, the company’s shares began trading around 3% lower from the previous ...
Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Market capitalization. Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company 's outstanding common shares owned by stockholders. [2] Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. [3] [4] [5]
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Facebook, Inc. (NASDAQ:FB) has been in the news for all the wrong reasons for some time now, but its data scandal might have actually helped investors looking to buy the social media giant’s ...
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