Facebook Inc. shares are up 0.6% in Tuesday trading and on track for their eighth straight trading day of gains. That puts the company on pace for its longest winning streak since September 2015, according to Dow Jones Market Data, if the gains hold through the close. Facebook's stock climbed for 11 straight trading days in the period the ended Sept. 25, 2015. Facebook shares have added nearly 20% over the past three months amid optimism for stabilization in its advertising business as well as an upbeat view of new ventures in e-commerce. The S&P 500 is down 3.6% over a three-month span. Read More...
Facebook Inc. shares are up 0.6% in Tuesday trading and on track for their eighth straight trading day of gains. That puts the company on pace for its longest winning streak since September 2015, according to Dow Jones Market Data, if the gains hold through the close. Facebook’s stock climbed for 11 straight trading days in the period the ended Sept. 25, 2015. Facebook shares have added nearly 20% over the past three months amid optimism for stabilization in its advertising business as well as an upbeat view of new ventures in e-commerce. The S&P 500 is down 3.6% over a three-month span.
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