Friday, March 6, 2015

Facebook Inc: FB Stock Gets a Pivotal Lift From Mark Zuckerberg

Shares of social media company Facebook Inc (NASDAQ:FB) rallied Wednesday on the back of positive comments by CEO Mark Zuckerberg regarding the company’s video came strategy, among other things. FB stock has largely been stuck in a trading range since last summer, but now increasingly looks to be building up enough momentum to break higher.
The Mobile World Congress taking place in Barcelona, Spain, has gathered increasing attention in recent years as many of the world’s largest and most influential technology firms like Facebook and Google Inc (NASDAQ:GOOG, NASDAQ:GOOGL) update the world on products, services and strategy.
Mark Zuckerberg on Wednesday reiterated that he believes virtual reality will be a part of the future, and also said Facebook could help to build out Internet infrastructure for developing nations. (more)

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