Facebook (FB) to Launch Financial Servic

Facebook (FB) to Launch Financial Services

Shares of Facebook Inc. (FB) were up +0.73 or +1.25 percent in pre-market trading on Monday, after the company announced over the weekend that it would seek approval from Irish regulatory authorities to provide financial services to its customers. The social network is looking to offer remittances and electronic money initially. Facebook stock closed at $58.53 per share, down -0.63 or -1.06 percent in Friday’s regular trading session.

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