During Thursday’s afternoon trade, Shares of Facebook Inc (NASDAQ:FB), gained 0.17% to $104.37. The firm opened its current trade at $103.96, and as of now, it is trading at $104.36. The total volume traded for the day is 8.12M shares, as compared to its average daily volume of 29.11M shares. The stock is floating in a range of $103.52 $104.55. The stocks hold the market capitalization of $293.42B.
Short-Term Price Target Update: The mean estimate for the short-term price target for the firm stands at $112.57, according to 46 brokers. The higher price target for FB is $146.00, while the lower price target is $68.00. In the past 52-weeks, the company shares have gained 37.67% and marked new high $104.55 on Oct 28, 2015. According to news report, Mark Zuckerberg’s heavily accented Mandarin is the talk of Chinese cyberspace. The Facebook (FB) billionaire is so keen to get a “like�? from the most-populous nation that he risked a 20-minute speech in Chinese in Beijing. If only Xi Jinping displayed similar courage and foresight.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
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