Facebook is ‘one of the more controversial stocks’ right now. Here’s what the experts on Wall Street are saying ahead of earnings. (FB)
|01/30/2019||Posted by BusinessMediaguide.Com under General World News||
- Facebook is set to release quarterly earnings after the closing bell on Wednesday.
- The stock is expected to see post-earnings move that’s essentially in-line with its 6.9% average.
- Shares of the social network have climbed nearly 8% this year, but have fallen 34% since their record high last July as the company’s privacy and data practices have come under scrutiny.
- Watch Facebook trade live here.
Facebook is set to release fourth-quarter earnings after Wednesday’s closing bell, and some Wall Street analysts were approaching the report with a cautious tone after months of volatility in the stock.
“We think Facebook is read more >>>