314.67 -0.35 (-0.11%)
Pre-market: 8:50AM EDT
|Bid||315.12 x 800|
|Ask||315.65 x 800|
|Day's range||314.49 - 321.05|
|52-week range||200.69 - 331.81|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||26.99|
|Earnings date||28 Jul 2021 - 02 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||379.34|
Cory Johnson Money Manager and “Host of the Drill Down podcast, joined Yahoo Finance to discuss the day's market action.
Facebook’s oversight board has upheld Trump’s ban. Wedbush Securities Equity Research VP Ygal Arounian joins Yahoo Finance Live to discuss.
Mark Zuckerberg never wanted the burden of having to ban a head of state. “I feel fundamentally uncomfortable sitting here in California in an office making content policy decisions for people around the world,” Facebook’s founder said in 2018, adding that he wanted a system in which “I am not the one making those decisions”. Zuckerberg’s solution was a novel one. Last year Facebook set up an oversight board, a quasi-judicial body funded by the social network but built to be independent. Nicknamed a “supreme court” for Facebook, the board would allow Zuckerberg to hand off the company’s most difficult decisions to a group of academics and human rights activists. But on Wednesday, its most high-profile case to date saw it return Facebook’s serve directly back to Zuckerberg. In a highly-anticipated ruling on the company’s January decision to indefinitely suspend Donald Trump from Facebook and Instagram, the oversight board found that Trump had indeed “severely violated” its rules. However, it demanded that Facebook revisit its decision within six months, and criticised the company’s handling of the matter.