Facebook Q4 Earnings: What You Need to Know
Facebook (NASDAQ: FB) stock has been a high performer recently. Shares surged 57% in 2019, crushing the S&P 500's 29% gain over the same timeframe. This bullish run, of course, means the social network has a high bar to live up to -- a bar it didn't quite meet on Wednesday.
While the company's fourth-quarter results were notable, they apparently weren't impressive enough to justify the tech stock's current valuation. Shares sold off more than 7% in after-hours trading following the company's fourth-quarter update.
But investors should think twice before they cash out. The company continues to demonstrate robust revenue and user growth while raking in substantial free cash flow.
Source Fool.com
