On February 07, 2014, The Street Ratings team issued a "Hold" recommendation for Facebook (FB) while giving it a "C" rating. As of 2:38 p.m on Friday, the stock rose 2.94%, reaching a share price of $63.99. The Street Ratings team defended their position by stating, "The company's … [Read more...]
Facebook’s Unlikely Turnaround
Leading up to Facebook’s (FB) IPO, everyone was looking for a way to get their hands on shares of (NASDAQ: FB). Unfortunately, the IPO failed to impress investors and ultimately there were too many shares offered, dragging down the price. In the ensuing months, Facebook continued to … [Read more...]
Facebook Stockholders Expected to Dump Stock
Facebook (FB) stock is expected to take a big hit Wednesday when existing stockholders sell off a huge quantity of shares, but the message the stock market sends to onlookers may be the wrong one. The share dump everyone expects to happen tomorrow has nothing to do with Facebook's … [Read more...]
