Sunday, September 27, 2026

Facebook Stock Bullish Momentum With A 2.94% Jump At Session Start Today

ViaNews Editorial Team

December 1, 2020

Facebook Stock Bullish Momentum With A 2.94% Jump At Session Start Today

Facebook has been somewhat immune to the crisis with its shares jumping 2.94% to $285.10 at 10:05 EST on Tuesday, following yesterday's downward trend. The Nasdaq Stock Market is falling 0.06% to $12,198.70, following yesterday's downward trend, on what so far seems, a somewhat negative trend exchanging session today.

Facebook nears purchase of startup valued at $1 billion. According to yesterday's article on The Wall Street Journal, "Facebook is nearing a deal to buy Kustomer, which specializes in customer-service platforms and chatbots, according to people familiar with the matter.."

According to yesterday's article on Bloomberg Quint, "Facebook Buys Customer-Service Software Maker Kustomer."

Facebook buys customer-service software maker kustomer. According to yesterday's article on Bloomberg Quint, "Facebook has acquired Kustomer, a New York-based software company that helps businesses manage customer conversations.."

Facebook to acquire startup valued at $1 billion. According to yesterday's article on The Wall Street Journal, "The social-media giant is buying Kustomer, which specializes in customer-service platforms and chatbots, as Facebook looks to promote its platforms as a way to do business.."

Facebook's last close was $276.97, 6.86% below its 52-week high of $304.67.

Facebook's sales growth is 24.6% for the present quarter and 24.2% for the next. The company's growth estimates for the present quarter and the next is 23.8% and 19.9%, respectively.

Year-on-year quarterly revenue growth grew by 21.6%, now sitting on 78.98B for the twelve trailing months.

Facebook's stock is valued at $285.10 at 10:05 EST, under its 52-week high of $304.67 and way above its 52-week low of $137.10.

Facebook's worth is above its 50-day moving average of $274.95 and way higher than its 200-day moving average of $255.43.

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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