NYSE Post
  • Home
  • Business
  • Entertainment
  • Technology
  • Research
  • Sport
  • World Media
  • Health
  • USA
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Technology
  • Research
  • Sport
  • World Media
  • Health
  • USA
No Result
View All Result
NYSE Post
No Result
View All Result
Home Technology

Scope Of Facebook Inc (NASDAQ:FB) In Mobile Ad Space

Kevin Goodings by Kevin Goodings
11/28/2022
in Technology
Reading Time: 2 mins read
0
0
SHARES
69
VIEWS
Share on FacebookShare on Twitter

Boston, MA, 07/31/2013 (nysepost) – Scrip of the social networking giant Facebook Inc. (NASDAQ:FB) surged by 6.20 per cent to end the day at $37.63 during its last session. But, the company’s scrip managed to stay near its one year (52-week) value pathway of $17.55 to $37.96.

In addition, the company’s scrip got dealt with great force, with around 173.58 million shares being traded, as against an average level of around 50.92 million scrips.

Facebook Inc. (NASDAQ:FB) has been making forceful attempts in order to perk up its old magnificence, by rolling out goodies like Graph Hunt to its most popular social networking internet site.

This has resulted into augmented buff engagement. The firm also witnesses mobile promotion as a key cause of income. The firm has also bettered itself, making 30 per cent on Thursday after declaring its quarterly results.

Facebook foray into mobile promotion has become an advantage for it. About a year ago, the company had no income contribution from cell phone advertising, appending a phenomenal 41 per cent to its advertisement income, up from zero during last year.

But, shareholders must be warned as they are more concerned in a y-o-y number, and the above number looks extraordinary only when matched up to a straight zero. It is to be witnessed if the social networking giant can continue the identical expansion rate in the coming time, which is doubtful to take place.  But, if the firm is capable of continuing even a straight figure in this region, it is likely to thrive, particularly in the existing situation where users have commenced to move from personal computer to cellular phones that have resulted into the demise of PC business all together.

Facebook Inc (FB) Puts Impression On Investors

During the past week, Facebook Inc (NASDAQ:FB) scrip zoomed about 30 per cent. The firm got a lot of buffs from capitalists in the past weekly period, as the firm demonstrated some firm execution.

Mobile advertising income climbed up 75 per cent in a consecutive manner, as the company gathered from increasing SMB expenditure.

Previous Post

Facebook Inc (NASDAQ:FB)’s Q2 results will be out this week

Next Post

Inovio Pharmaceuticals Incorporation (NYSEMKT:INO) has been basking with the glow of positive results

Next Post

Inovio Pharmaceuticals Incorporation (NYSEMKT:INO) has been basking with the glow of positive results

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trump, still not conceding defeat, hails vaccine progress

11/28/2022

Analysts expect US Fed to raise rates this week

11/29/2022

Pentagon: Russian Federation, USA agree to minimize risks in Syrian skies

11/29/2022

Chuck Hagel gets grilled by Republicans in Senate hearing

11/28/2022

Kindle Charger Recall Over Electric Shock Fears

11/29/2022

CDC outlines guidance to reduce sexual transmission of Zika

11/28/2022

CDC outlines guidance to reduce sexual transmission of Zika

11/28/2022

SABMiller accepts increased takeover offer from AB InBev

11/29/2022

Sept 10 Apple Inc. (NASDAQ:AAPL) episode fuels talk of innovative iPhone introduction

11/28/2022

Amazon pledges to bring device encryption back to Fire OS this spring

11/29/2022

G20 nations pledge “all policy tools” to strengthen global recovery

11/29/2022

Rogers Committing to More 4k TV For 2016

11/29/2022

Foxconn, Sharp Said to Weigh Revising Terms of Approved Deal

11/29/2022

Himax Technologies, Inc. (NASDAQ:HIMX) enters into an agreement with Google Inc (NASDAQ:GOOG)

11/28/2022

Saudi Aramco Chairman Oil Demand Will Catch Up With Supply

11/29/2022

Water Bears Have Super Resistant DNA

11/29/2022
logo

Our next winner could be in your inbox tomorrow!

  • About us
  • Disclaimer
  • Contact Us

Categories

  • Business
  • Entertainment
  • Health
  • Markets
  • Politics
  • Research
  • Sport
  • Technology
  • USA
  • World Media

Recent News

Chuck Hagel gets grilled by Republicans in Senate hearing

11/28/2022

Trump, still not conceding defeat, hails vaccine progress

11/28/2022

© 2007-2025 All rights reserved - NysePost.com

No Result
View All Result
  • Home

© 2007-2025 All rights reserved - NysePost.com

Go to mobile version