The highlight of Facebook acquiring WhatsApp for 19B has been considered the biggest acquisition ever by the media giant that would place FB in the forefront in messaging directly to its clients. A mild corrective move today can be seen but the overall outlook would still be positive.
As the rest of the pack like Twitter, Google, and Apple has followed through on the higher side of the trading price as of this writing. Having walked through this game changing acquisition strategy was indeed a welcome treat in shifting and diversifying investment funds into stocks half way through 2013 other than the FX market. Obviously this was well planned by FB and has provided a shift of market sentiments for stock valuation to continue its upward momentum. And in spite of the relief recovery that the US Dollar has made coming out from its lower levels of 79.90 basis point for the index while making a considerable daily high @80.23 initially in the early trading session.
Insight to market expectations: USD EUR GBP
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