Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Facebook (FB -13.2%) plunges after meeting lowballed estimates, but reporting major slowdowns in...

  • Friday, July 27, 2012, 9:34 AM ET
    Facebook (FB -13.2%) plunges after meeting lowballed estimates, but reporting major slowdowns in Payments growth, Western user growth, and U.S. ad impressions, as well as huge spending hikes. The ad impression drop is fueling concerns the shift to mobile is doing more damage than thought. Analysts are mostly staying positive: Needham expects mobile monetization to improve as advertisers get more comfortable with the platform. ZNGA -2.7%. LNKD -4.7%. RENN -3.1%. (transcript)
Track new comments on this story

This news story has 3 comments:

  •  
    Its a fad..always was...will be gone in 2 years...but...the New York Boys made billions selling it to the public...
    27 Jul 2012, 09:36 AM Reply Like
  •  
    FB negatives should be noted for macro conditions. Hedge your longs, if you still have any.
    27 Jul 2012, 10:13 AM Reply Like
  •  
    Sucker born every minute, millions of converted-suckers on FB IPO day. Sympathy....nil.
    27 Jul 2012, 04:13 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »