Facebook set an all-time high today, closing at $88.86 per share, valuing the company at just under $250 billion.Positive analyst sentiment has helped propel the company’s shares in recent days. Facebook traded around $82 as recently as last Friday, making its fresh heights even more notable — a few points for a company as valuable as Facebook mean billions in value being […]
MomentumOptionsTrading.com Midday Update for 8/5/2014Trade of the Week – Is RealD the Real Deal or a Done Deal?1:00 p.m. (EST)RealD (RLD, $10.47, down $0.15) will be reporting their numbers after the close today. The company is expected to earn a profit of $0.11, on average. The chance for an earnings surprise is high, as the 11 analysts that cover the […]
Wall Street doesn’t like what it sees. Facebook’s stock price (NASDAQ:FB) is dropping in after-hours trading after the company announced its purchase of virtual reality startup Oculus Rift. The stock, which closed up on the day, is now under its open price of $64.25, resulting in a loss of $1.5 – $1.8 billion market cap.The stock price slid considerably more […]
