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NEW YORK (TheStreet) -- Facebook (FB - Get Report) stock is declining 0.14% to $105.59 on Wednesday afternoon as tech giant rival Alphabet (GOOGL) is taking initiative to accelerate web page load times on the mobile web. Called Accelerated Mobile Pages Analysts expect Facebook to report $17.5 billion in revenue in the current fiscal year. (Photo: Brendan Smialowski, AFP/Getty Images) Over the last three years, it's been a good run for Facebook (NASDAQ:FB). Since the beginning of 2013, the company's Jack Delaney: The Facebook Inc (NASDAQ:FB) stock price was down 0.4% in early morning trading following news that CEO Mark Zuckerberg will be taking an extended paternity leave following the birth of his daughter. Zuckerberg announced in July that he Register here for exclusive pricing, available only for a limited time. Facebook recently announced financial results that blew expectations out of the water, and its stock shot up on the news. But if you’ll dip into your medium-term memory for a moment Facebook (FB) stock has recently been on a meteoric ascent that few, if any, other large-cap stocks can match. Over the past four months, FB stock has surged 15%, while the Nasdaq (where Facebook is one of the biggest names) and the S&P 500 have traded lower. This Thanksgiving, there's a chance you'll travel, think about holiday shopping and hide from your family as the evenings deteriorate into a darker, more personalized version of a point-counterpoint on Fox News or MSNBC. Well, there are large, publicly .
The firm currently has a “buy” rating on the social networking company’s stock. MKM Partners’ price objective suggests a potential upside of 23.33% from the company’s current price. Shares of Facebook (NASDAQ:FB) traded down 0.31% during midday Facebook shares was down almost 3% on Monday following news that board member Marc Andreessen has sold about three quarters of his stake in the company over the past two weeks. Now the stock has recovered and is down only about 1%. Andreessen sold 1.5 Investing in stocks is among the best ways to grow your investment portfolio over time. Between 1928 and 2014, stocks returned an average of roughly 11.53 percent annually, according to data from the Stern School of Business at New York University. Facebook (NASDAQ:FB) Director Jan Koum sold 1,545,837 shares of the company’s stock in a transaction on Monday, November 23rd. The shares were sold at an average price of $106.97, for a total transaction of $165,358,183.89. The transaction was disclosed .
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