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

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)
Comments (3)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    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
  • anomaly1
    , contributor
    Comments (751) | Send Message
     
    FB negatives should be noted for macro conditions. Hedge your longs, if you still have any.
    27 Jul 2012, 10:13 AM Reply Like
  • racchole
    , contributor
    Comments (306) | Send Message
     
    Sucker born every minute, millions of converted-suckers on FB IPO day. Sympathy....nil.
    27 Jul 2012, 04:13 PM Reply Like
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