Stock is down Update 3: back up, big time! Update 2: stock is back down! Update: stock is back up! #facebook
Why is it up after such failure?
Revenue down but up because of earnings beat
bad news was already aggressively priced in, so a not-so-bad to neutral ER is a relief
Good news is about the numbers from WhatsApp and Instagram. FB as a product is not giving good numbers.
Aaaaand the floor is falling out ππππ Edit: and now it's bouncing back?
It's hard to separate from the normal wacky market movement, but I think tcyoe|gtfo is correct in that this report was already consistent with expectations at the price and so we shouldn't expect all that much movement from the report alone. No surprises.
πππππππ
Revenue missed - 0.05 B? That too what the street excepted but is actually up 25% YoY. Don't you think that's harsh for a company at the scale that makes 13B each quarter?
It doesn't matter in this market. A miss is terrible. Look at Amazon, although their low guidance was probably more instrumental. The fact that we didn't sell off to below $140 just means the market is probably done with FANG sell off for the short term.
Not yet, there is Apple. If they miss, its gonna be brutal
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I donβt see it. Itβs up again
Yup, up now.