BMO Capital Markets upgraded its rating on shares of Facebook Inc. (FB) Thursday to "Outperform." Jefferies also upgraded its rating on Facebook to "Buy."
Facebook gapped open higher Thursday and climbed during the first 2 hours of trade. The stock ended the day with a gain of 1.23 at $24.55. Facebook rebounded from nearly a 1-month decline.
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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.