Read This Before You ‘Unfriend’ Facebook’s Stock Again
Filed under: Technology, Earnings, Stock Picks, Facebook
“It’s complicated.”
There really aren’t two words that better describe the mercurial relationship between Wall Street and Facebook (FB).
Shares of the social-networking giant took a hit on Friday after it failed to post blowout quarterly results. But it certainly wasn’t the first time the market and the world’s leading social network didn’t see eye to eye.
It was just two months ago that Facebook went public at $38, resulting in a beefy market capitalization of $104 billion. Wall…
Read This Before You ‘Unfriend’ Facebook’s Stock Again originally appeared on DailyFinance.com on 2012-07-27T16:37:00Z.
Permalink | Email this | Comments
http://www.dailyfinance.com/2012/07/27/read-this-before-you-unfriend-facebooks-stock-again/