Posted by: Market Watch in Market Information four hours in the past Fb Inc. shares have been flat in after-hours buying and selling Friday
Fb Inc. shares have been flat in after-hours buying and selling Friday following the corporate’s announcement that its chief advertising and marketing officer, Antonio Lucio, is leaving Sept. 18. An organization spokesman stated Lucio, who joined Fb in 2018 from HP Inc. , is leaving to dedicate his time to range, inclusion and fairness. Throughout Lucio’s tenure at Fb, the social-networking firm elevated worldwide advert spending to rebuild belief because it grappled with barbs about its privateness practices and the way it handles misinformation on its digital platforms. “Antonio did unbelievable work telling our story throughout a transformative interval for the corporate. We’re grateful for his monumental contributions and want him nicely in his subsequent chapter,” an organization spokesman stated in a press release. Fb’s inventory is up 30% in 2020. The broader S&P 500 index is up 5% this yr.Market Pulse Tales are Fast-fire, brief information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.
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