Shares of Facebook (FB) Move Into Positive Territory; Q2 Report in 21 Days
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Shares of Facebook (Nasdaq: FB) shoot out of negative territory and are currently trading up $0.21 (+0.67%) to $31.41.
The stock opened $0.10 higher ($31.30) this morning, but quickly lost steam and fell to about $31. Shares hung at about $31.10 most of the session, but then squirted higher around 2:30PM EST.
No particular new news reports have been released, however, Facebook will report Q2 earnings on July 26th and investors will be eyeing them closely. Current consensus is $0.12 (range of $0.08-0.29) and $1.15B (range of $1.06B to $1.29B)
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The stock opened $0.10 higher ($31.30) this morning, but quickly lost steam and fell to about $31. Shares hung at about $31.10 most of the session, but then squirted higher around 2:30PM EST.
No particular new news reports have been released, however, Facebook will report Q2 earnings on July 26th and investors will be eyeing them closely. Current consensus is $0.12 (range of $0.08-0.29) and $1.15B (range of $1.06B to $1.29B)
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