Facebook shares jump 5% after strong results

Wall Street analysts gave a more mixed reception to the earnings report, with at least nine analysts raising their price targets on the stock, while at least five trimmed. Facebook, the world’s No. 2 seller of online ads, said that revenue would grow more slowly in the fourth quarter, at closer to about 20% to 25%, partly due to users choosing to limit the company’s ability to target ads to them using personal details. …read more

Source:: Yahoo Finance

      

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