Facebook shares fall to a new low
Facebook shares have fallen to a new low, as concerns about its mobile strategy sparked a sell-off when markets opened on Friday.
Late Thursday, in its first report as a public company, Facebook said it lost $157 million from April to June.
Its shares plunged more than 16% to $22.37 when trading began in New York on Friday, worse than the declines seen in after-hours trade on Thursday.
Facebook shares were priced at $38 when it listed on the NASDAQ in May.
Facebook’s results on Thursday showed that revenue in the second quarter of the year had grown 32% to $1.18 billion, just beating forecasts. But analysts at Piper Jaffray said it appeared investors wanted “more than a slight beat”.
The number of monthly active users (MAUs) rose 29% from the same period last year to 955 million, but some analysts question the reliability of this data given the number of fake profiles on the social network.
The number of people who logged in daily to Facebook’s site from their mobile devices surged 67% year-on-year to 543 million.
But the company has yet to resolve how it generates profits as users move from the computer desktop version to accessing the site via mobile phone.
“We don’t view these results as dramatically good or bad,” said Citi analyst Mark Mahaney.
“Key questions remain: the future of Facebook mobile monetization and the future of Facebook user engagement.”
Related search articles:
- animals and girl x vedio mobil
- bengali celebrity underarms picrures
- NATURIST2 TUMBLR
- Powered by Article Dashboard Sign Up for a free account -forum sunday school lesson
- girl who posted a picture of her giving a bj on facebook
- flower bouquet 399 pixel and above
- why do hawaiian not wear their hari down
- pak nipples
- photos de couverture 399 pixels de nicki minaj
- picture of shopping is cheaper than therapy 400 pixels wide
- polytron phones wikipedia
- Powered by Article Dashboard Sign Up for a free account -forum free childrens bible story downloads
- yuo tupe donnie mc kirklin
- xnxx 29 74 videos for mobile
- Powered by Article Dashboard Sign Up for a free account -forum video inspection
- pr hoax kidnappings in florida
- si robertson daughter bella
- Spanish girl gets killed from Facebook
- www xvideo mobile 9
- srilanka aunties facebook
- teen facebook cover photos
- underarms picture facebook
- What are the graphene stocks traded on the NASDAQ?
- zhang ze tain facebooks
- mobile girl and animal xvideo com
- Justin bieber Facebook covers u can upload into Facebook
- facebook math problem only for geniuses
- facebook hot kerala girls
- Facebook and IMF lottery program
- cycling zelboraf
- china message girl in facebook
- chick stripping on facebook gets account delete
- cartoon hijab facebook
- 399 pixels wide and at least 150 pixels tall of hawaii pictures
- fpgee april 2013 blog
- girl from spain murder for having info on facebook
- indian bhabhi faceebook
- images of creative writing free 399 pixel wide
- images of baseball stadium 399 x 150 pixels
- holi photos atleast 400 pixels wide
- graphene stock nasdaq
- global hot babes in kerala facebook com tube
- girl that stripped on facebook
- GIRL MURDED FROM PUTTING INFO ON FACEBOOK
- 18th birthday meme 400pixels wide
Short URL: http://www.bellenews.com/?p=22001