FB adds $42 billion in market Capitalisation in single Day


Share this

Social networking major Facebook added around $42 billion in market capitalisation on Thursday after the organization posted a 49% rise in revenue to $11.96 billion for the initial quarter of 2018.

Facebook had posted a revenue of $8 billion in the exact same quarter last year. The Mark Zuckerberg-led company’s market capitalisation currently stands at $505.93 billion.

source: inshorts


    Leave a Reply

    Your email address will not be published. Required fields are marked *