With Facebook’s earning due out on Wednesday, there has been a significant amount of activity on the market. One trader in particular, seems to have a dim view of Facebook’s financial future and has bought 30,000 8 month put options. The trade, which is one of the biggest Facebook … [Read more...]
At $72 per share Facebook (FB) sets new all time high
This morning, Facebook Inc. (NASDAQ:FB) broke another record; its stock passed the $72 mark. That is a 0.6% move upward before comfortably settling in at the $72 level. That is a far cry from its $18 per share debut, when it filed its IPO back in 2012. So, what is the root of the … [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...]
