stocks Articles

From Stocks to Talent – Today is not a good day for Facebook

  • 02/08/2012 at 22:20 by It's a Gadget Staff
  • Platforms

facebook bad dayEveryone’s favorite social media site, Facebook, has been having a rough week. Let’s start by showing off the latest milestone that they have been able to hit which is – their stock going down to under $20 a share. At the time of this post being written it was sitting switching between $19.92 and $19.94, changing in that range after every other paragraph was g written.

No one wants to have their stock running that low as one of the largest tech companies in the world. To put that in perspective that means according to Wall Street they are now worth under $44.6 billion dollars which is what Microsoft offered to pay for Yahoo back in 2008. This may not be 100% accurate as different sites show a varied amount of outstanding shares though if the other # is correct the stock will need to fall to $16.28 to fall into the correct range.

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Will Apple be able to keep the tree growing?

  • 14/03/2012 at 20:48 by It's a Gadget Staff
  • News

Apple LogoApple’s stock does not know when to stop climbing. Analysts are sure just to give up scribbling new numbers all the time. The consensus was that Apple would topple even a little in a post iPad throng. Despite expectations that the tech gargantuan would hit its head on the ceiling, his head burst right through and he is still standing taller everyday. There seems to be no end, even at share prices of $560.

Stocks are up 5% right from the debut of the new iPad by Tim Cook, Apple CEO, last week. Just since Valentine’s Day Apple stock has risen 10%, from $500 per share. To date this year Apple is at a 38% increase, which is not something to wag your finger at.

In sharp contradiction are analysts’ sentiments and predictions. Peter Misek, analyst for Jeffries & Co., raised his price target this week to as high as $699. Goldman Sachs’ Bill Shope pushed his up to $660 last week. Following suit were Ben Reitzes of Barclays Capital at $710 and Shebly Seyrafi at FBN Securities at $730.

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