The Facebook Ad Boycott Gains Steam. Analysts Say Buy on the ...
Facebook stock
Even as large brands such as Coca-Cola and Starbucks have joined the boycott of Facebook over civil rights issues, Wall Street has largely shrugged off the ...
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Should Facebook investors ride out the ad boycott—or cash out?
"In a vacuum if the company does nothing, it's devastating. But they're not stupid, so they're not going to do nothing," one analyst tells Fortune.
Continue readingHere's the revenue hit Facebook will take as Diageo and Starbucks ...
Diageo and Starbucks just became the latest companies to halt advertising on social-media platforms over ineffective policing of hate speech.
Continue readingIs Facebook Stock Still a Buy After the Advertising Boycott? | Via News
The advertising boycott on Facebook has resulted in a 12% dive in the stock price since Friday. “I don't think that Facebook or internet platforms, in general, ...
Continue readingThe Facebook ad boycott is starting to rattle investors - CNN
After several days of largely shrugging off news about a growing Facebook advertiser boycott, investors now appear to be taking notice.
Continue readingFacebook Stock Recovers From Fall As Ad Boycott Continues Growing
Facebook stock dropped then recovered Monday as a growing list of companies announced they will join an advertising boycott in response to divisive content.
Continue readingFacebook sees $60 billion in market value erased in just 2 days as ...
Facebook shares fell roughly 1% on Monday morning as more advertisers announced boycotts of its platform. The drop followed an 8.3% slide on Fri...
Continue readingFacebook Stock Under Pressure as Boycott Calls Gather Strength
Facebook stock has now failed two breakouts above 2018 resistance, raising the odds that the long-term uptrend is coming to an end.
Continue readingHow to Trade Facebook as Companies Boycott Advertising
Facebook remains under pressure as companies line up to boycott the company's ad platforms in July. Let's look at the charts for Facebook stock.
Continue readingFacebook's stock fell 8% erasing billions from Mark Zuckerberg's net ...
Starbucks announced it was immediately suspending all of its advertising on "All social media platforms," becoming the latest company to suspend social media ...
Continue readingFacebook Analysts Don't See Major Long-Term Risk From Boycotts
The growing movement to boycott Facebook Inc. by high-profile advertisers continued on Monday, though it doesn't represent a major long-term risk to the ...
Continue readingFacebook Stock Recovers From Fall As Ad Boycott Keeps Growing
Facebook stock dropped then recovered Monday as a growing list of companies announced they will join an advertising boycott in response to divisive content.
Continue readingFacebook's stock tanked after earnings — analysts weigh in on why
Facebook (FB) reported a solid fourth-quarter after the bell Wednesday, but many were left scratching their heads when the stock tanked 7% following the results ...
Continue readingFacebook Quick Reaction: Buy The Dip?
Shares of Facebook, Inc. (NASDAQ: FB) were lower by more than 6% Thursday morning and Wall Street pros are offering different takes if investors should buy ...
Continue readingFacebook Earnings: Revenue Growth Rate Accelerates
In a surprise twist, Facebook's (NASDAQ:FB) top-line growth rate accelerated in the company's second quarter. So much for management's guidance in its first-quarter earnings call for revenue growth rates to continue to decelerate sequentially throughout ...
Continue readingFacebook earnings include admission of two antitrust probes and billions in fines, but stock barely hurt
Shares later dipped to slightly negative territory after hours, following a prediction of “revenue deceleration” in a call with analysts discussing the quarter. Facebook's stock FB, +1.14% is up 56% this year, while the S&P 500 index SPX, +0.47% has gained 20% ...
Continue readingFacebook Earnings, Revenue Beat Views As Stock Jumps
Facebook stock gained 1.5%, near 207.70, during after-hours trading on the stock market today. The Facebook earnings report arrived as the company announced Wednesday it agreed to pay a $5 billion penalty and abide by sweeping new restrictions ...
Continue readingFacebook Stock Pushes Towards All-Time High Despite New FTC Antitrust Investigation
Facebook shrugged off increased scrutiny from Washington, D.C. on Wednesday, with the social network reporting it continued to attract more users — and pull in more ad revenue — during the second quarter of the year. At the same time, the company ...
Continue readingFacebook beat Wall Street's expectations for its second quarter, but the FTC has opened an antitrust investigation
The strong Q2 financial results initially sent Facebook's stock jumping as much as 5% higher in after-hours trading. But as investors took note of another line in Facebook's Q2 press release, revealing a separate FTC investigation into the company's business ...
Continue readingFacebook reports better than expected second-quarter results
Facebook posted a profit of $1.99 cents per share, vs. an expected profit of $1.88 per share. The company ... "We believe that there needs to be a regulatory framework in place," said Facebook CEO Mark Zuckerberg on the call with analysts after the report.
Continue readingFacebook Earnings Beat Expectations, But the Company Sees Slower Growth Ahead
While the stock initially traded higher in late trading, it gave back most of the gains during the company's conference call after Facebook CFO David Wehner cautioned investors that despite the strong second-quarter revenue, revenue deceleration is likely ...
Continue readingFollowing record FTC fine, Facebook stock pops on Q2 earnings beat
Hours after receiving a record $5 billion FTC fine on privacy violations, Facebook delivered a Q2 earnings beat with revenue of $16.9 billion with $1.99 adjusted EPS compared to the Zacks Consensus Estimate of $1.90 EPS on revenue of $16.45 billion.
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