Why Facebook Stock Popped Again Today

·2-min read
Why Facebook Stock Popped Again Today

Facebook (NASDAQ: FB) stock got another boost Tuesday when Facebook Financial head David Marcus went on Twitter (of all places) to announce a new pilot project to permit money transfers via cryptocurrency on Facebook. Marcus dubbed the company's pilot project "Novi," a Facebook subsidiary that describes itself as "a digital wallet changing the way money moves" and "a licensed money transmitter."

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