The stocks of major technology companies, including Facebook, Inc. Common stocks (NASDAQ: FB) are trading lower amid a spike in bond yields that weighs on growth stock valuations.
The 10-year government bond yield hit a daily high of 1.567% on Tuesday morning before falling to around 1.544%. The 10-year bond surge this week came after the US Federal Reserve spoke last week about ending its ongoing bond-buying program.
Should Investors Sell Right Now? Or is it worth joining Facebook?
Facebook is the largest online social network in the world. The users get in contact with each other in different ways, exchange messages and share news, photos and videos.
Facebook is trading at $ 343.04, down 3%. Facebook has a 52-week high of $ 384.33 and a 52-week low of $ 244.61.
Buy, hold or sell Facebook?
How will Facebook develop now? Is your money safe in this stock? The answers to these questions and why you need to act now can be found in the latest analysis of the Facebook share.
