Global X Social Media ETF Rallies On Analyst Enthusiasm For Facebook Shops
May 20, 2020 at 15:24 PM EDT
Shares of Facebook surged to an all-time high of $230.75 on Wednesday, climbing as much as 6.4%, with Wall Street analysts’ ebullience over the company’s decision to concentrate on e-commerce. Facebook announced Facebook Shops on Tuesday, which will facilitate easier listing of products on...