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Facebook ended in 2018 exceeding investor estimates
Facebook's market value surged 47 billion dollars after the trading session Thursday, 31, on the Nasdaq Stock Exchange – shares of the company appreciated 10.82% that day, after the social network posted good results in the fourth quarter of 2018 including a 61% increase in profit,
The company now has a value of $ 479 billion – it is the fifth largest publicly traded US company behind Amazon, Microsoft, Apple and Google. The social network, however, is still far from its historic high – US $ 629 billion on July 25. The next day, Facebook recorded the biggest daily loss in the history of Wall Street: 119 billion dollars.
On Wednesday, Facebook released the results of the last quarter of 2018, with encouraging figures for investors. The optimism of the market is partly due to the fact that the company has found good figures and optimistic forecasts for the future after two quarters, with forecasts of slower growth in revenue and profit margins. The review took place after the company announced that it would spend more to protect the security and privacy of its users after the disclosure of the Cambridge Analytica case.
Correction. The company Zuckerberg announced Thursday that it had recovered its development certificates for applications running on Apple's iOS operating system. The social network had lost the right to test and use internal applications after learning that the company had collected personal data from iPhone and iPad users, including private conversations exchanged for applications courier for a fee of $ 20. (n) = n.callMethod (n) = n.callMethod (n) = n.callMethod = n.callMethod. n.queue (), n.queue (), n.queue (), n.queue (), n.queue (); n.queue = []; t = b.createElement (e); t.async =! 0; t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, "pageview", "script", // connect.facebook.net/en_US/fbevents.js'); fbq (& # 39 ;, & # 39; 1659995760901982 & # 39; (N) = n.callMethod (n) = n.callMethod (n) = n.callMethod.apply (n) (n, arguments) : n.queue.push (arguments);; if (! f._fbq) f._fbq = n; n.push = n; n.loaded =! 0; n.version = 2.0 & # 39; ; n.queue = []; t = b.createElement (e); t.async =! 0; t .src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t , s)} (window, document, script, // connect.facebook.net/en_US/fbevents. js); fbq (init & # 39; 39;, & # 39; 1659995760901982 & # 39;); fbq (& quot; Track & # 39; PageView & # 39;);
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