Facebook Is JPMorgan’s Most Controversial Company in Portfolio

After a turbulent 2018, the world’s largest social media group is in transition as it pushes to feature Instagram’s Stories more prominently on its core platform and roll out stronger privacy tools, JPMorgan analyst Doug Anmuth told clients in a note. Facebook is down more than 26 percent from its recent high less than two months ago. JPMorgan said expenditures will curb what Facebook should earn next year, and the year after that. …read more

Source:: Yahoo Finance


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