Millennial investors are loading up Facebook ahead of its earnings (FB)
|10/30/2018||Posted by BusinessMediaguide.Com under General World News||
- Facebook shares have been tumbling since the social-media giant reported second-quarter earnings on July 25 — but investors on the free-trading app Robinhood have been snapping up the stock.
- CFO David Wehner warned in July that the company expected a significant slowdown in its revenue growth in the years ahead.
- Facebook is set to report earnings after Tuesday’s closing bell.
- Watch Facebook trade live.
Facebook shares have plunged 35% since July 25 — when the company reported disappointing second-quarter results — but investors on Robinhood, a free trading platform popular among younger investors, appear to be read more >>>