(Reuters) – Facebook Inc’s shares were set to open about 25 percent higher on Wednesday after its quarterly results showed a surprising jump in revenue from mobile advertising, easing concerns that the company was having trouble capitalizing on soaring use … Continue reading
SAN FRANCISCO (Reuters) – Facebook Inc grew mobile advertising revenue several times in the third quarter, a faster-than-expected pace that helped drive shares in the world’s No. 1 social network nearly 13 percent higher.
(Reuters) – Investors wiped $ 10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile…
Real-Time Advice: Hough: The social-media giant’s earnings yield is no better than a 10-year Treasury.
SAN FRANCISCO (Reuters) – Facebook Inc’s record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world’s largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.
Real-Time Advice: The hot IPO means little for LinkedIn, Zynga or Groupon, but their shares are soaring. Here’s why.
SAN FRANCISCO (Reuters) – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $ 10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with … Continue reading