Tech Stocks This Week: Facebook Surpasses $200, Red Hat Sinks, and More [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: The Motley Fool
Three of the most interesting stories in tech this week come from Facebook, Red Hat, and BlackBerry. Here are the details. So much for Facebook ( NASDAQ:FB ) stock's sell-off earlier this year sticking around. Shares of the social-network company have surged 26% since the beginning of April, reaching new highs and surpassing $200 for the first time this week. Meanwhile, investors punished security and software services company BlackBerry ( NYSE:BB ) and open-source software vendor Red Hat ( NYSE:RHT ) this week. Here's what investors should know about these three top stories in tech. Facebook's new features impress Facebook is trading at about $202 at the time of this writing, and bullishness toward the company's stock comes as data privacy concerns fade away as the company demonstrates more ways to monetize its platform. Image source: Getty Images. Facebook introduced several new impressive features this week, including a subscription option
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