Why Facebook, Inc. Stock Popped 15% in July
Shares of Facebook Inc.(NASDAQ: FB) climbed 12.1% in the month of July, according to data provided by S&P Global Market Intelligence, after the social media giant announced strong second-quarter 2017 results.
More specifically, Facebook's revenue climbed an incredible 45% year over year to $9.3 billion, 98% of which came from its advertising business. On the bottom line, net income rose 71% to $3.9 billion, and net income per share increased 69% to $1.32. Analysts, on average, were only expecting Facebook to deliver earnings of $1.12 per share.
IMAGE SOURCE: FACEBOOK.
Source: Fool.com
Meta Platforms Inc. Aktie
509,80 €
0,08 %
Positive Tendenz bei Meta Platforms Inc. mit mehreren Buy-Einschätzungen als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 645 € für Meta Platforms Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 509.8 €.
