Facebook Inc. (FB) Dips 2.66% for March 22

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday March 22 was Facebook Inc. (FB). The stock experienced a 2.66% decline to $164.89 with 73.44 million shares changing hands.

Facebook Inc. started at an opening price of 166.13 and hit a high of $170.27 and a low of $163.72. Ultimately, the stock took a hit and finished the day at $4.5 per share. Facebook Inc. trades an average of 23.27 million shares a day out of a total 2.91 billion shares outstanding. The current moving averages are a 50-day SMA of $181.55 and a 200-day SMA of $172.57. Facebook Inc. hit a high of $195.32 and a low of $137.60 over the last year.

Facebook Inc is the world's largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal computers.

With its headquarters located in Menlo Park, CA, Facebook Inc. employs 25,105 people. After today’s trading, the company’s market cap has fallen to $479.01 billionAs for its value, has a P/E ratio of <31.4, a P/S of 12.1, a P/B of 6.44, and a P/FCF of 28.3.

To dig deeper into the fundamentals of Facebook Inc. and perform your own analysis, visit our Stock Valuation Analysis tool for FB.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Facebook Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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