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July 26, 2018 02:51 pm PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/aO6HNsu63cE/short-facebook.html
Facebook shares plummet on tiny shortfall in predicted growth
Analysts predicted that Facebook would average 1.48B daily users, but their latest quarterly figures showed only 1.47B dailies; their projected earnings were $1.33B, but they only turned in $1.32B, and they were expected to earn $5.97/user but only earned $5.95/user -- and so their shares dropped 24% (they're slightly up from that, but still down 20%). (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/aO6HNsu63cE/short-facebook.html
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