Facebook, LinkedIn sell off following Twitter/Pandora numbers


Facebook (FB) is down 2.3% AH, and LinkedIn (LNKD) is down 1.6%, after Twitter and Pandora provided disappointing Q4 reports. In addition, Twitter shareholder GSV Capital (GSVC) is down 6.7%.

Richly-valued Twitter beat Q4 estimates and provided above-consensus revenue guidance. But it also reported a 7% Q/Q drop in Timeline views and slowing monthly active user growth. Pandora beat Q4 EPS estimates, but only reported in-line revenue and issued below-consensus guidance.

LinkedIn reports after the close tomorrow.

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Comments (11)
  • BAHAMAS1
    , contributor
    Comments (5095) | Send Message
     
    Buying opportunity for FB.
    Read their conference call.
    FB is THE Stellar grower in the group
    5 Feb 2014, 06:39 PM Reply Like
  • xilef
    , contributor
    Comments (490) | Send Message
     
    Have no idea how FB got in the mix. 2 intrinsically different companies. I would assume that those who sold Twitter would start moving into FB that has proven itself over the past few quarters.
    5 Feb 2014, 06:49 PM Reply Like
  • benitus
    , contributor
    Comments (3210) | Send Message
     
    xilef...you're right to say that sellers on TWTR will be buyers on FB. TWTR has been riding on FB's good results, even though they're apples and oranges, so now that TWTR looks bad, FB will face lots of short-sellers, particularly those who had covered on TWTR. I would hold my hands on FB until it comes down to $55, unless you want to short them now at $61.
    5 Feb 2014, 07:07 PM Reply Like
  • joe mantineo
    , contributor
    Comments (8) | Send Message
     
    that right go facebook
    5 Feb 2014, 07:56 PM Reply Like
  • joe mantineo
    , contributor
    Comments (8) | Send Message
     
    that right
    5 Feb 2014, 07:58 PM Reply Like
  • Ray Vill
    , contributor
    Comments (3) | Send Message
     
    I was waiting for twitter to screw up FB, hopefully it drives it down more and I'll get back in.
    5 Feb 2014, 08:03 PM Reply Like
  • cornyseed
    , contributor
    Comments (62) | Send Message
     
    Please help me with the logic. FB showed growth and being able to rapidly monetize their platform. Life was good. Now TWTR shows it's not growing as rapidly......... Maybe FB is capturing the audience. The audience is limited. So IF FB is succeeding at the cost to TWTR why isn't this a positive for FB? Again FB isn't TWTR and FB showed clear dominance. This should light the FB rocket.
    5 Feb 2014, 09:36 PM Reply Like
  • gr8diver2000
    , contributor
    Comments (11) | Send Message
     
    I'm thinking it's people selling off their social media funds after the terrible TWTR results (user growth and page views). It's going to affect all of the big players in the short term until the money gets reinvested. I don't really see FB coming down to $55, unless the market as a whole keeps dropping and people develop amnesia when it comes to FB's earnings report. Just relax and it will be in the high 60's low 70's by next earnings.
    5 Feb 2014, 09:36 PM Reply Like
  • cornyseed
    , contributor
    Comments (62) | Send Message
     
    Please help me with the logic. FB showed growth and being able to rapidly monetize their platform. Life was good. Now TWTR shows it's not growing as rapidly......... Maybe FB is capturing the audience. The audience is limited. So IF FB is succeeding at the cost to TWTR why isn't this a positive for FB? Again FB isn't TWTR and FB showed clear dominance. This should light the FB rocket.
    5 Feb 2014, 09:43 PM Reply Like
  • chickensevil
    , contributor
    Comments (743) | Send Message
     
    Nooooo stupid Twitter! Go away! No one likes you! You are screwing up my stock! Lol.

     

    Sigh, in all seriousness I hope FB pops back up before the opening, or it will likely trigger my trailing stop. Oh well, I should still make out very nicely...
    5 Feb 2014, 09:50 PM Reply Like
  • BAHAMAS1
    , contributor
    Comments (5095) | Send Message
     
    Baby...bathwater theory again applied in those selling FB, the Dominant player who is in the class of Google.
    Judge TWTR for what it is, and that surely isn't a comparable to FB !
    5 Feb 2014, 09:55 PM Reply Like
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