Wall Street does not like what he sees. Faceable 's stock price (NASDAQ: FEB. ) fell in extended after the FB stock company announced the purchase of the implementation of virtual reality Culls Rift trade. The stock, which closed during the day, is now in his opening price $ 64.25 , resulting in a loss of $ 1.5 - $ 1.8 billion market capitalization.
The share price fell significantly after the announcement of FB stock Faceable I bought Watchstrap. About an hour and a half after the end of the stock market today , Faceable had the cable announcing plans to buy Culls Rift $ 2 billion in cash and stock . Citing a goal of making the world more open and connected FB stock, says Faceable is now able to begin to focus on the platforms next generation.
Culls Rift is at the forefront of virtual reality , which could become the next generation. Faceable slow to adopt mobile technology. You do not want to miss IVR if FB stock it becomes a big deal.
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