Facebook Stock Just Went On Sale Again
The market's reaction to Facebook's fourth-quarter earnings report was a bit unusual.
Facebook (NASDAQ: FB) beat revenue and earnings estimates in the quarter, yet instead of rising on the news, the tech stock plunged after hours Wednesday and remained down 7% in pre-market trading Thursday morning.
Coming into the quarter, analysts had expected slowing growth as the company has continually forecast, but the social media giant still delivered solid results.
Source Fool.com
