Facebook has become the most young company, the market value of which exceeded one trillion dollars. Reports about it Bloomberg.
This happened against the background of the court decision to close the case of violation by the company of antimonopoly legislation and reject two claims – on the part of the Federal Trade Commission and on the part of the state coalition. After that, the price of Facebook shares reached $ 355.64 per piece. In addition, thanks to the increased popularity of applications for maintaining communication with friends and colleagues during a Pandemic COVID-19 this year, the company’s shares rose by 30 percent. This led to a sustained growth of the company’s user and high demand for digital advertising.
Threshold one trillion dollars from American companies also overcame Amazon, Alphabet, Microsoft and Apple. The value of the latter exceeds 2 trillion dollars.
Earlier it was reported that Facebook was among the top ten most expensive brands of the BRANDZ rating from the Consulting company Kantar.