Facebook (FB) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Facebook (FB) closed at $330.35, marking a +1.32% move from the previous day. This move outpaced the S&P 500’s daily gain of 0.88%.
Coming into today, shares of the social media company had gained 1.88% in the past month. In that same time, the Computer and Technology sector lost 0.94%, while the S&P 500 gained 0.15%.
Investors will be hoping for strength from FB as it approaches its next earnings release. In that report, analysts expect FB to post earnings of $3.03…