Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
January 30, 2013 08:11 pm GMT

Facebook Q4 Earnings: What to Expect


"Facebook" is no longer such a bad word on Wall Street -- or at least not as much as it was a few months ago.

The company's stock plummeted to less than half its IPO price of $38 a share in early September, but the share price has since increased by nearly 75% due in large part to the strength of Facebook's previous earnings report. Now, with the stock back above $30 and the IPO price closer in sight, Facebook is set to release its third earnings report as a public company.

FB ChartFB data by YCharts

The December quarter earnings report, which is set to be released after the market closes at 4pm ET Wednesday, will determine whether Facebook continues ticking up towards its IPO price or div…
Continue reading...

More About: Facebook, stocks


Original Link: http://feeds.mashable.com/~r/Mashable/~3/wMMW9_39MAk/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable