Stock in News: How Instagram Acquisition Turned Out For Facebook (NASDAQ FB)
Facebook (NASDAQ FB) acquired Instagram back in 2012. Instagram is a photo and video sharing platform which is having a huge customer base. Facebook had acquired Instagram for a staggering $1 Billion. As it turns out, this was a very wise move from Facebook. Recent valuations have suggested that Instagram is valued at around $35 Billion. Citigroup has recently valued Instagram to be worth $35 … Continue reading Stock in News: How Instagram Acquisition Turned Out For Facebook (NASDAQ FB)