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what is the facebook stock price

  • Featured Story

    What Is the Facebook Stock Price Today After Shareholder Meeting?

    facebook stock

    By Diane Alter, Contributing Writer, Money Morning - June 12, 2015

    The Facebook stock price today was relatively flat after the company's shareholder meeting Thursday, where Facebook unveiled its reality headset.

    One proposal at the meeting could have reduced CEO Mark Zuckerberg's control over FB stock.

    Keep reading for the result...

Article Index

  • What Is the Facebook Stock Price Today After Shareholder Meeting?
  • Will Apple Buy Facebook? No, But It'll be More than a Friend
  • Sorry, NYSE: Facebook (NASDAQ: FB) Will Trade on Nasdaq

What Is the Facebook Stock Price Today After Shareholder Meeting?

By Diane Alter, Contributing Writer, Money Morning - June 12, 2015

facebook stock

The Facebook stock price today was relatively flat after the company's shareholder meeting Thursday, where Facebook unveiled its reality headset.

One proposal at the meeting could have reduced CEO Mark Zuckerberg's control over FB stock.

Keep reading for the result...

Will Apple Buy Facebook? No, But It'll be More than a Friend

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - August 17, 2012

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 Facebook (Nasdaq: FB) just makes sense.

Those with more level heads think such a move would be a spectacularly bad idea -- and extremely unlikely.

"I can see Microsoft making a stupid decision like this but not Apple - MSFT has a history of overpaying for questionable assets, being late to the game and having lost what truly innovative mojo they had under [CEO Steve] Ballmer's watch," said Money Morning Chief Investment Strategist Keith Fitz-Gerald.

"I think Apple knows that the Facebook model is kaput and that it's not profitable - very similar to Google in that regard, which has held off from really rolling out Google+," Fitz-Gerald added."Shareholders would revolt...and so would the institutional money."

But Apple Chief Executive Officer Tim Cook has strongly hinted at a cozier Apple-Facebook relationship.

Calling Facebook a "great company" at the D10 conference in May, Cook said, "We have great respect for them. I think we can do more with them. Just stay tuned on this one."

Why Apple (Nasdaq: AAPL) Will Not Buy FB

Facebook's shaky business model isn't the only reason Apple would shy away from buying the social media giant.



To continue reading, please click here...

Sorry, NYSE: Facebook (NASDAQ: FB) Will Trade on Nasdaq

By Kerri Shannon, Associate Editor, Money Morning - April 5, 2012

Investors finally have the answer to where Facebook Inc. will choose to list shares when the social media powerhouse starts trading this year.

Say hello to NASDAQ: FB.

Facebook had no comment as to why it chose Nasdaq. The news was reported in The New York Times citing a source speaking on anonymity.

Facebook plans to raise up to $5 billion in its initial public offering (IPO), which it filed for Feb. 1. It's expected to start trading in May.

To continue reading, please click here...

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