Facebook shares rose more than 2% to a record high of $305.43

Tiger Newspress2021-04-05

Facebook shares rose more than 2% to a record high of $305.43 in Monday morning trading.

Facebook shares have outperformed the S&P 500 over the past year (+86.2% vs. +59.4%). The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.

Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.

Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, increasing regulatory headwinds in the EU and other countries is a concern.

Monness analyst Brian White continues to remain bullish on the social media giant despite a recentHouse hearingwhich grilled the CEOs of Facebook,Alphabet Inc, and Twitter Inc on misinformation.

The analyst reiterated a “Buy” rating on the stock and maintained a $375 price target, implying a 27% upside potential.

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Comments

Vivberry
2021-04-06
Vivberry
Good!!!
jamjam
2021-04-06
jamjam
Hmm leaked data breach but still increase? Market always go other direction. Wonder why. Please like and comment my commnet
Zynette
2021-04-06
Zynette
[微笑]
Jazling
2021-04-06
Jazling
Comment pls
- kenong62:
  great same here
Ericlam
2021-04-06
Ericlam
Go further
- PJoo:
  Possible
Boo2bear
2021-04-06
Boo2bear
Strong rebound.

Leave a comment

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Market always go other direction. Wonder why. Please like and comment my commnet","listText":"Hmm leaked data breach but still increase? Market always go other direction. Wonder why. Please like and comment my commnet","text":"Hmm leaked data breach but still increase? Market always go other direction. Wonder why. Please like and comment my commnet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343320341","repostId":1178747724,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343971612,"gmtCreate":1617672677836,"gmtModify":1704701613912,"author":{"id":"3574310724020821","authorId":"3574310724020821","name":"Zynette","avatar":"https://static.tigerbbs.com/6ac01c389e62302fd962b2e6e8346599","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574310724020821","authorIdStr":"3574310724020821"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343971612","repostId":1178747724,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":343989467,"gmtCreate":1617669396859,"gmtModify":1704701542471,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Comment pls&nbsp;","listText":"Comment pls&nbsp;","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343989467","repostId":1178747724,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967276,"gmtCreate":1617672744890,"gmtModify":1680783007516,"authorId":3574928367638029,"author":{"id":3574928367638029,"idStr":"3574928367638029","authorId":3574928367638029,"name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343989467,"type":1,"supId":0,"prevId":0,"content":"great same here","text":"great same here","html":"great same here"}],"langContent":"EN"},{"id":343937178,"gmtCreate":1617668807494,"gmtModify":1704701524103,"author":{"id":"3559787818034959","authorId":"3559787818034959","name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3559787818034959","authorIdStr":"3559787818034959"},"htmlText":"Go further&nbsp;","listText":"Go further&nbsp;","text":"Go further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343937178","repostId":1178747724,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3966712,"gmtCreate":1617669159935,"gmtModify":1680782996996,"authorId":3572863479502236,"author":{"id":3572863479502236,"idStr":"3572863479502236","authorId":3572863479502236,"name":"PJoo","avatar":"https://static.tigerbbs.com/c1df329f4341646fc633446858d34c31","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343937178,"type":1,"supId":0,"prevId":0,"content":"<u>Possible</u>","text":"<u>Possible</u>","html":"<u>Possible</u>"}],"langContent":"EN"},{"id":343071770,"gmtCreate":1617666901090,"gmtModify":1704701478113,"author":{"id":"3578969648963961","authorId":"3578969648963961","name":"Boo2bear","avatar":"https://static.tigerbbs.com/209ae746c8124fe2d5f79aee784d2fcc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578969648963961","authorIdStr":"3578969648963961"},"htmlText":"Strong rebound.&nbsp;","listText":"Strong rebound.&nbsp;","text":"Strong rebound.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343071770","repostId":1178747724,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":81,"commentSize":43,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1178747724"}