Facebook Inc (NASDAQ:FB), the world’s biggest social-networking service, picked Chief Operating Officer Sheryl Sandberg as its initial female director.
Chief Executive Officer of Facebook, facing criticism for a lack of diversity on its board, Mark Zuckerberg reported in a statement on Monday that Sheryl has been my partner in managing Facebook. Facebook CEO Mark Zuckerberg further stated that her understanding of their mission and long-term opportunity and her knowledge both at Facebook and on public corporation boards makes her a natural fit for their board.
The people with knowledge about the matter stated previous month that Facebook has been trying to add directors, comprising as a minimum one woman.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Renren Inc (NYSE:RENN) moves up +0.66% to settle at $4.60, Zynga Inc (NASDAQ:ZNGA) moved up +1.17% to end at $6.07 while Groupon Inc (NASDAQ:GRPN) decreased -4.90% to finish on Monday at $9.89.
Facebook Inc (NASDAQ:FB) last session volume of 24.35 million shares was lower than its average volume of 72.48 million shares. The stock after opening at $32.86 hit high price of $33.02 and then closed at $32.06 by scoring -3.00%.
FB generated revenue of 3.71 billion in the following twelve months and earned $668.00 million. The Company showed a positive +26.95% in the net profit margin and as well as in its operating margin which remained +47.32%.
The FB past twelve months price to sales ratio was 18.47 and price to cash ratio remained 17.53. The stock showed weekly upbeat performance of +2.07% while the YTD performance remained at -16.14%.
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