Facebook shares, which ended the formal trading day down less than a percent, rose slightly to $118.25 in after-market trades. The share buyback could help soothe the hearts of investors after a tumultuous period for Facebook. Shares tumbled early this month after the social network delivered a blockbuster quarterly earnings report, but also warned that its stunning growth is set to slow. The social network then found itself at the center of a debate about whether it aided Trump's surprise victory by allowing false news stories to be shared unchecked. Facebook this week also said it is working to fix flaws in its metrics calculations that sometimes caused them to overestimate the social network's audience.

Source: The Nation Bangkok November 19, 2016 00:44 UTC