|Bid||251.10 x 1300|
|Ask||251.20 x 900|
|Day's Range||247.16 - 253.85|
|52 Week Range||137.10 - 304.67|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||28.64|
|Earnings Date||Jan 27, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||322.57|
As the U.S. heads into one of the most perilous phases of American democracy since the Civil War, social media companies are scrambling to shore up their patchwork defenses for a moment they appear to have believed would never come. Most major platforms pulled the emergency break last week, deplatforming the president of the United States and enforcing suddenly robust rules against conspiracies, violent threats and undercurrents of armed insurrection, all of which proliferated on those services for years. More than a week after a deadly pro-Trump riot invaded the iconic seat of the U.S. legislature, the internet still feels like it's holding its breath, a now heavily-fortified inauguration ceremony looming ahead.
Facebook Inc (NASDAQ: FB) is banning all ads related to weapon accessories and other equipment.What Happened: The social media platform announced yesterday it would start banning all advertisements for protective gear and weapon accessories like vests, gun safes and holsters in the U.S. The decision went into effect immediately and will take place until "at least through January 22." The company previously prohibited advertisements for ammunition, weapons and enhancements.Why It Matters: The ban follows the attack on the U.S. Capitol in Washington D.C. on Jan. 6 and is aimed at ensuring safety for the Jan. 20 swearing-in of President-elect Joe Biden.Facebook also announced on Friday it would block any events happening close to D.C. and state capitols. "Through Inauguration Day, we're blocking the creation of new Facebook events happening in close proximity to D.C. and state capitols. And we're doing a secondary review of inauguration-related events and removing policy-violating ones," a spokesperson for Facebook said.Photo by Kony on Unsplash.See more from Benzinga * Click here for options trades from Benzinga * WhatsApp Delays Roll-Out Of New Privacy Rules, While Telegram Gains 25M Users In 3 Days * Mixed Signals: Elon Musk Tweet About Messaging App Sends People Rushing To Buy Unrelated Stock(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Over the summer, the health care start-up prepared for both a traditional IPO and a merger with a blank-check company.