Facebook Stock Dips Despite Q4 Earnings, Revenue Beat

February 2017
Investors Business Daily;2/2/2017, p13
The article reports on a decrease in stock of social media network Facebook on February 2, 2017 even if it reported 2016 fourth-quarter earnings on February 1, 2017 that blew previous expectations. Topics mentioned include an increase in revenue of Facebook by 51 percent year over year, an increase in price target of Facebook by Pacific Crest Securities analyst Andy Hargreaves, and the significance of the surge in advertiser demand to Facebook.


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