Facebook Stock Price
If Only Zuckerberg Chose a Catchier Facebook Ticker Symbol
If only CEO Mark Zuckerberg had used a bit more imagination when cooking up the Facebook Inc. (Nasdaq: FB) ticker symbol, its stock might have fared a little better.
Sound crazy? Maybe, but several studies have shown that clever, pronounceable stock symbols - think Yum! Brands Inc. (NYSE: YUM) and Southwest Airlines (NYSE:
What Drove Facebook (Nasdaq: FB) Shares to a New Low
Since Facebook Inc.'s (Nasdaq: FB) debut as a public company at $38 a share on May 18, and the stock's peak at $45 on the same day, shares have tumbled nearly 50%.
Facebook stock hit a fresh low yesterday (Tuesday), with shares reaching $17.55 before closing at $17.73.
The slump came after a trio of brokerage firms slashed their price targets for Facebook shares. The firms cited the wave of expiring lockup periods...
Congrats on One Billion Facebook Users… Who Buy Nothing
Facebook (Nasdaq: FB) is on the cusp of amassing one billion users, unarguably a milestone.
The last official tally of Facebook users was 955 million. Employees have become giddy in expectation of reaching the one billion mark any day now.
But, they might want to hold off tossing confetti, because the momentous occasion will also shine a bright light on the social network's shortcoming.
No matter how many users Facebook...
Facebook Stock Hits New Low, So What Now for Mark Zuckerberg?
Since Facebook's (Nasdaq: FB) hugely hyped and highly anticipated initial public offering on May 18 at $38, shares have been sliced in half, hitting a low of $19.01 in trading today (Friday).
Now, chatter is swirling that CEO Mark Zuckerberg should step down and let a more experienced executive take the helm.
"There is a growing sense that Mark Zuckerberg,...
Will Apple Buy Facebook? No, But It'll be More than a Friend
It's a question that was getting asked as far back as three years ago, and seems to pop up again every time the Facebook stock price hits another new low: Will Apple buy Facebook?
Some tech pundits think that because Apple (Nasdaq: AAPL) has so much cash -- $117 billion as of the June quarter - and lacks a presence in social media, buying
The Lesser of Two Evils: Facebook vs. GM
If you had to buy either Facebook Inc. (Nasdaq: FB) or General Motors Co. (NYSE: GM), which are both down 40% from their recent IPOs, what would you do?
On Wednesday Money Morning's Shah Gilani appeared on Fox Business' "Varney & Co." to tackle that question.
With GM trading around $20 and Facebook...
Another 1.7 Billion Reasons to Avoid Facebook Stock
As if there weren't enough factors to make Facebook (Nasdaq: FB) stock unattractive, there's a flood of free shares about to hit the market that could make it even harder to raise the share price.
In two weeks comes the first expiration of "lock-up" agreements, meaning certain investors barred from selling their shares will then be able to do so. Typically employees and big investors are required to hold shares for a certain time period after an...
Facebook Earnings Report Gives Investors Zero Reasons to Stick Around
The first Facebook earnings report since the company went public was released today (Thursday), and the numbers came in right in line with lowered, underwhelming expectations.
Facebook met earnings per share estimates of 12 cents on revenue of $1.18 billion. Analysts had expected EPS of 12 cents on revenue of $1.16 billion.
Estimates had been slashed several times and many experts did not think...