Facebook Shares Moving Lower Amid Peer-To-Peer Lending Rumors
Tickers: FB
Shares of Facebook Inc (NASDAQ: FB) are down sharply in Friday’s session as the tech giant may implement a new strategy involving lending.
On Friday, theInformation.com released an article regarding the company's intentions.
"Facebook has been in talks with peer-to-peer lending services, including Lending Club and Prosper, about integrating a way for Facebook users to get loans into the social network, according to three sources familiar with the talks," the article said.
Shares of Facebook recently traded at $74.45, down 1.8 percent.
Posted-In: theinformation.comNews Rumors Movers
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