Anyone who is familiar with social media will have heard of and likely used Facebook. Facebook, Inc. is an American multinational technology company and offers products and services in the realms of social networking and information technology. It has a namesake social networking service Facebook, founded in 2004 by current chairman and CEO Mark Zuckerberg and fellow Harvard college students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. In 2021, Facebook had amassed 2.9 billion monthly users and the company is considered one of the world's most valuable.
Facebook, Inc. is most known for its information technology products and services, which include social networking service Facebook and its derivatives Facebook Messenger, Facebook Watch, and Facebook Portal. It is also known for having acquired other social networking and communication services such as Instagram, WhatsApp, and Oculus. The company generates nearly all of its revenue through selling advertisement placements to marketers.
Facebook, Inc. is headquartered in Menlo Park, California. It also has its London headquarters in Fitzrovia, Central London, and offices in Ireland and India to house its online advertising and developer support teams. As of 2021, the company has over 60,000 employees and 16 data centers around the world.
Facebook, Inc. went public in 2012 on the NASDAQ exchange with a share price of US$38. In 2021, it has a market cap of US$926.722 billion. The company is part of ‘FAANG’, an acronym used in finance technology that refers to the stocks of the Big Five companies in the US information technology industry: Facebook, Amazon, Apple, Netflix, and Google. Facebook trades under the ticker 'FB', and the company's controlling shareholder is its founder Mark Zuckerberg, with main shareholders being Vanguard, Fidelity, T. Rowe Price, and BlackRock.
You can buy Facebook shares on one of Saxo Group's trading platforms, SaxoInvestor, SaxoTraderGO or SaxoTraderPRO. Simply log in on your preferred platform and search for the ticker 'FB' to get started in trading. If you are new to our services, you can create an account with Saxo Group here.
You can check the price of Facebook shares by logging into your account and searching for Facebook under the ticker 'FB'. Select the trade ticket, click the 'I' icon and navigate to 'Trading Rates' to see transaction costs. Log in or register to trade with Saxo Group here to gain access to our trading platforms.
Whether a stock is a good investment depends on several factors. On Saxo Group's trading platforms, you can find stock analysis, financial reports, price graphs, and key financial data to get an overview of Facebook before you place your order. Log in and gain access immediately or create an account with Saxo Bank here.
Facebook does not currently distribute dividends to shareholders. This is common with technology companies, where excess capital is reinvested into the business to fund growth and expansion objectives.
On Saxo Group's trading platforms, you have access to detailed price charts and data which can show you how Facebook has performed historically. Log into your trading platform and see Facebook's price history or open a trading account with Saxo Group here to get started.
