Fb stock news

Here are the latest news and updates on Facebook's stock (FB):

Current Stock Price: $284.44 (as of 3:45 PM EST, March 10, 2023)

Recent News:

1. Facebook's Revenue Growth Slows Down: Facebook's revenue growth slowed down in the fourth quarter of 2022, with the company reporting a 20% year-over-year increase in revenue, compared to 29% growth in the previous quarter. (Source: CNBC)
2. Meta's Layoffs Continue: Meta, Facebook's parent company, has continued to lay off employees, with reports suggesting that the company has cut around 10,000 jobs since November 2022. (Source: The Verge)
3. Facebook's Earnings Beat Expectations: Facebook reported better-than-expected earnings in the fourth quarter of 2022, with the company's net income increasing 21% year-over-year to $10.3 billion. (Source: Reuters)
4. Facebook's Ad Revenue Growth Slows: Facebook's ad revenue growth slowed down in the fourth quarter of 2022, with the company reporting a 10% year-over-year increase in ad revenue, compared to 22% growth in the previous quarter. (Source: AdAge)
5. Meta's Focus on Metaverse: Meta has been investing heavily in its metaverse project, with the company spending around $10 billion on the project in 2022. (Source: The Information)

Analyst Estimates:

• Average 12-month price target: $330.50 (Source: Yahoo Finance)
• Average 12-month price target range: $280.00 - $380.00 (Source: Yahoo Finance)

Recent Stock Performance:

• 1-year return: -14.1%
• 3-year return: 24.1%
• 5-year return: 54.1%

Key Statistics:

• Market capitalization: $844.4 billion
• Float: 2.45 billion shares
• Short interest: 2.4% of float
• Average daily volume: 24.4 million shares

Please note that the stock market can be volatile, and prices can fluctuate rapidly. It's always a good idea to do your own research and consider multiple sources before making any investment decisions.