On Tuesday, Shares of Facebook Inc (NASDAQ:FB), lost -0.15% to $94.12. 19.48 million shares of the company were exchanged.
The stock is up 20.64% in this year through last close, and the beta ratio has a value of 0.74. The stock, as of recent close, has shown weekly upbeat performance of 1.42% which was maintained at 1.96% in 1-month period.
Facebook Inc.FB -0.15% is testing a dedicated video channel, ratcheting up its rivalry with Alphabet Inc.GOOGL +0.99%’s YouTube for viewers’ time and advertisers’ spending, according to WSJ.
Facebook said Tuesday the channel would appear as a tab on users’ home pages, where users can save videos that have appeared in their news feed. Facebook will also comprise recommended videos based on other videos a user has watched, in addition to videos posted by friends, companies and celebrities they follow.
“This new videos section assists people discover, watch and share videos on Facebook that are relevant to them,” said Will Cathcart, vice president of product administration in a blog post.
The changes are designed to assist Facebook compete for more of the roughly $200 billion companies now spend annually on television ads, according to ZenithOptimedia. The research firm projects that TV ads accounted for 39% of global ad spending last year.
Videos uploaded directly to Facebook have grown immensely popular. Facebook says its users collectively watch more than four billion videos a day. WSJ Reports
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of General Motors Company (NYSE:GM), surged 0.35% to $33.13, during its last trading session, on news that car sales in China, a key market for the automaker, are recovering. Passenger car sales rose 3.3% in September to 1.75 million units, while combined sales of passenger and commercial vehicles grew 2.1% to about 2 million, according to China Association of Automobile Manufacturers.
The share price of this stock traded recently in a range of $32.71 to $33.37. The company now has a market value of $52.37 billion.
For this company, beta value at 1.64 represents it is more volatile to the shift in the market. If we take a look on its volatility, 2.12% was seen in a week and for the month it was 2.41%.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, in addition to under the Alpheon, Baojun, Jiefang, and Wuling brand names.
Finally, Shares of HeartWare International Inc (NASDAQ:HTWR), ended its last trade with -20.03% loss, and closed at $35.21.
The stock, after recent close, is -52.05% below their SMA 50 and -37.93% from SMA20 and is -55.05% below than SMA200. The company has 2.13 value in price to sale ratio while price to book ratio was recorded as 2.93. It beta stands at 0.35.
HeartWare International, Inc., a medical device company, designs, develops, manufactures, and markets miniaturized implantable heart pumps or ventricular assist devices (VAD) for the treatment of advanced heart failure in the United States, Germany, and internationally.
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