Facebook (FB) stock has had quite a run since its Q3 earnings report back in late October. After that report I mentioned that a floor was likely in the stock and that a run was likely setting up:
“Technically, FB stock base been trying to find a bottom to a base for several months and the gap up move tomorrow morning may just be the beginning of a sustained move. However, as mentioned above, I … Read the rest
There has been quite a bit of negative press surrounding Facebook and its stock since the day they announced they were going public. Of course many of those concerns were valid as the company continues to find the best way to monetize its massive worldwide user base.
The stock has been hit hard in recent months, but after the bell tonight the stock is getting a healthy lift after the company beat analyst estimates by … Read the rest