Will Facebook (FB) hit $200 per share?
Facebook just released their earning reports after closing bell tonight, and the giant social media company posted earnings of $1.32 per share on $9.3 billion in revenue beating market consensus estimates of $1.12 per share on $9.2 billion in revenue.
It's currently up 172.34 +6.73 (4.06%) after hours with a day close at 165.61.
Will the price continue to hold and rise tomorrow morning? Will the chaser chase? Will short seller be jumping in?
Personally I believe it will hit above $200 by the end of the year.... because of A.I.
read more
http://www.businessinsider.com/facebook-q2-earnings-2017-7
even if its stock price keeps going up, its PE ratio is getting murdered, difficult to get into something that is bubble territory.
Of course. $2000 one day. hopefully #insinceday1
@prodoe-meshace awesome and congrats on holding long-term. banking!!!
I hope it keeps its after hour gains of around $6. It tends to give up the next day and close on par or negative. My guess is it's the shorts covering then traders taking their profits the next day.