Facebook stock spikes despite ‘significant reduction’ in demand for ads

Facebook stock spikes despite ‘significant reduction’ in demand for ads


The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]


Social – TechCrunch - Facebook stock spikes despite ‘significant reduction’ in demand for ads



April 30, 2020 at 07:00AM

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