Facebook Seems Eager to Purchase Nearly Everything – ValueWalk Premium

Facebook Seems Eager to Purchase Nearly Everything

While Facebook Inc (NASDAQ:FB)'s stock hit a new low on Tuesday, closing at $28.84, it hasn't stopped the company from shopping. The company, which is still dealing with the disastrous IPO has been on a spree recently. Facebook Inc (NASDAQ:FB) purchased instagram for $1billion, despite revenue being zero.

Recently it was rumored that Facebook Inc (NASDAQ:FB) would enter the Mobile phone market, and would purchase Face.com for $100 million. There are no details . . .

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