Saijo George

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tuesday29 Jun 2021

Facebook Closes Above $1 Trillion Market Cap For The First Time

https://www.cnbc.com

Facebook closed above $1 trillion in market capitalization for the first time on Monday.

The social media company is the fifth U.S. company to hit the milestone, joining Apple, Microsoft, Amazon and Google-parent company Alphabet. The company’s shares closed up 4.2% at $355.64 after a favorable legal ruling that dismissed an antitrust complaint brought by the U.S. Federal Trade Commission and a coalition of state attorneys general.

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