Question: What Was Facebook’s Highest Stock Price?

$38 per share

Why is Facebook stock up?

Facebook stock dipped roughly 25.7% in 2018, largely because of the fallout of a string of data-privacy scandals and the threat that the company would be subject to increased regulation from government bodies.

Why did Facebook Stock Drop 2019?

Shares of Facebook (NASDAQ:FB) had been closing back in on all-time highs, but then came the second quarter of 2019 and the ensuing stock market pullback. Facebook stock has dropped over 10% since its July 24 earnings report, with investor pessimism fueled by worries about a global economic slowdown and continued

Will Facebook stock recover?

For Facebook, the company’s stock continues to rise. After climbing over 50% last year, Facebook’s stock is already up over 5% so far in 2020. The stock largely recovered in the first half of 2019, but plunged again nearly 10% in May, amid calls for the company’s breakup.

How much is Facebook worth now?

When it comes to market capitalization, Facebook was worth $629.6 billion yesterday. The company is now worth $506.2.