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Shares of Facebook Drop as the Social Networking Company Fails to Match Expectations

Shares of Facebook Drop as the Social Networking Company Fails to Match Expectat

On Wednesday, Facebook reported its quarterly earnings for the initial three months of the year and surprisingly, Facebook failed to surpass the expectation of the analysts for the very first time since early months of 2013. After the announcement, the shares of the company, based in Menlo Park, California dropped two percent or more during the afterhours trading.

Facebook’s Revenues Surpass Expectations

Facebook’s Revenues Surpass Expectations

Mark Zuckerberg surely meant every word he said, when three months ago he warned the investors that the expenses of Facebook are going to mount sharply.

Report: Facebook’s popularity among US teens dropped 88% in 2014

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According to a report based on a survey carried out by research firm Frank N. Magid Associates, the popularity of Facebook social network among US teenagers has again witnessed a plunge.

Going by the statistics shared in the report, there was an 88 percent fall in the use of Facebook by US teens aged between 13 and 17 years in 2014.

“Overweight” Rating for Facebook from JPMorgan Chase & Co

“Overweight” Rating for Facebook from JPMorgan Chase & Co

On Wednesday, a report was issued in which the stocks of Facebook got a reaffirmation of its "overweight" rating from the stock analysts at JPMorgan Chase & Co.

Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015

Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015

Facebook's market value dropped one tenth as the company announced a rise in spending in the coming year along with a slowdown in revenue in the third quarter on Tuesday.

Investors have always given a very strong support to the social network company but its plans of strong spending shook the investors a little.

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