czwartek, 31 października 2013

Facebook shares recover as investors shrug off falling usage

File photo of Mark Zuckerberg during a Facebook press event to introduce 'Home' a Facebook app suite that integrates with Android in Menlo Park (Reuters) - Facebook Inc shares steadied on Thursday after wobbling in the wake of post-earnings comments by company executives about slowing use and a strategy of not increasing the frequency of ads shown to users. Facebook shares breached the $50 mark in heavy premarket trading after at least 10 Wall Street analysts raised their price targets, to as much as $63. The company reported better-than-expected results on Wednesday, helped by strong advertising revenue. But Chief Financial Officer David Ebersman later said there had been a decrease in daily users, specifically among younger teens.








via Tech News Headlines - Yahoo! News http://news.yahoo.com/facebook-shares-recover-investors-shrug-off-falling-usage-115738849--sector.html

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