Boston, MA, 08/09/2013 (nysepost) – The leading social networking website services provider, Facebook Inc. (NASDAQ:FB) had recently announced that the website would now display the posts which are highly popular on the site for a longer time on the newsfeeds part of its account users. This move had been made as part of the company’s continued effort to develop the services provided on the Facebook site. There had recently been higher level of comments that were received from the users which asked the company to do a better job in the communication of updates in the news feeds part of the user accounts. In line with such comments, Facebook Inc. (NASDAQ:FB) had made this move to enhance the usage of its services.
It had been announced that the basic objective behind this recent move is to take the right message to the right people and to ensure that the users do not miss out to read those contents which are important for them. It had further been reported that this social network giant is presently planning to roll out 15 second commercials, similar to the ones that are displayed in televisions on the site’s News Feed section. It is expected that the launch of this commercials would happen later in this year.
Shares of Facebook Inc. (NASDAQ:FB) had traded on Thursday to present loss of 0.85% and had closed the trading session at $38.54 per share. The stock had been presenting intraday price fluctuations in the range of $38.43 at the lowest and $39.19 at the highest on Thursday. Presently the stock is at 52 week low price of $17.55 and 52 week high price of $39.32 per share. There had been 41.30 million shares that had traded on this stock in the markets in Thursday, while on an average the stock had presented 66.40 million shares of trading volume.
