Bernstein downgraded Facebook Inc. (FB) to "Market perform" from "Outperform." The stock is now down 0.62 on 1.7 million shares.
Facebook fell in early trade Monday, before settling into a narrow range. The stock closed down by 0.29 at $28.26.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.