Facebook Inc (NASDAQ:FB) announced on Friday that it has appointed Mike Schroepfer because the social media firm’s chief technology officer. Before, Schroepfer was vice president of engineering at Mozilla Corp. anywhere he managed the group at the back the firm’s software products, counting the Firefox web browser. Schroepfer as well served as CTO of Sun Microsystems’ data center automation division.
While, Facebook is the nastiest social networking site for internet trolling, and harassment is now more common online than anywhere else, according to a study. Several 87 a cent of teenagers who declared cyber abuse declared that they were targeted on Mark Zuckerberg’s site, whereas Twitter trolls picked on around one-fifth of youngsters, the report declared.
Shares of Facebook Inc (NASDAQ:FB) opened at $27.03 with 2.38 billion outstanding shares and touch its highest price of $27.06 of the day and then finished at $26.65 by scoring -1.46%, as in the whole session stocks gain volume of 31.60 million shares which is lower than its average volume.
As the owner ship concerns stock institutional ownership remained 47.69% while insider ownership included 1.30%. The share capital of FB has 2.38 billion outstanding shares amid them 1.64 billion shares have been floated in market.
For investors focus on the performance of the stocks so the FB showed weekly behind performance of -4.70% which was maintained for the month at -4.53%. Correspondingly the negative performance for the quarter was remained -3.39% and the year to date performance halted at 0.09%.
As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the FB return on investment was recorded as 0.54% as compare to its rivals has Renren Inc (NYSE:RENN)’s ROI -5.80%, Akamai Technologies, Inc. (NASDAQ:AKAM)’s ROI 8.88%, Yelp Inc (NYSE:YELP)’s ROI -13.89%, Shutterfly, Inc. (NASDAQ:SFLY)’s ROI 3.39%.
Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Entire Disclaimer Here