Wednesday, October 31, 2018

Facebook (FB)

Facebook (FB) – Getting Likes –The social media giant reported lower than expected revenue for the third quarter and warned it was in the early stages of a transformation in its core businesses that will lead to slower growth and higher costs in the short term.  All in all, the results and guidance were well received by investors, with many fearing worse results.  In the pre-market , FB is trading 6% higher near $155 per share.

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