Facebook higher amid S&P 500 hopes; Instagram exec leaving for Snapchat • 2:32 PM
- UBS thinks Facebook (FB +3.6%) could be added to the S&P 500 as soon as tonight. Deutsche also believes such a move could happen soon.
- With a market cap of $118B and a 2013 revenue consensus of $7.6B, Facebook's inclusion within the benchmark index appears to be just a matter of time.
- Meanwhile, Instagram exec Emily White, who was in charge of the mobile photo-sharing service's nascent ad efforts, is leaving to become the COO of Snapchat. She could return to the fold one day if Snapchat founder Evan Spiegel has a change-of-heart regarding Facebook's (widely reported) buyout overtures.
New Follow our top articles @SAlphaTrending on Twitter
Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following FB: unsubscribe from all FB email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on FB
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Prices in this email are BATS Last Sale quotes.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No hay comentarios:
Publicar un comentario