Facebook: paradise lost?
The US authorities filed a lawsuit against Facebook - what are the implications?
How are things with Facebook?
The Facebook earnings report is coming at 00:00 MT time on January 30.
The Facebook stock price has been doing pretty well both in the long-term (only with the exclusion of the second part of 2018) and the short-term. Consistent growth with mild overall volatility is observable in the chart, giving a reason to expect the same to continue in the nearest future. Currently, Facebook’s stock is traded at $222 per share. The previous report on October 30 made the share price rise from $186 to $198 – quite a good result for one day. Although, eventually the performance went back to “normal”, ceding the gains. Let’s see if the same happens on January 30. As a side note, keep in mind that the timing of the release is midnight of January 29/00:00 MT time January 30 – prepare your positions in advance!
- If the numbers are better than forecast, the stock price will rise;
- Otherwise, the stock price will fall.
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