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Tag: Facebook’s earnings

Finance Tech, Trading

Facebook shares fall after downgrade on ‘toxic brew’ of slowing sales growth and regulation risk

September 4, 2018

Via: CNBC

Facebook shares will disappoint as governments increasingly scrutinize the company’s practices, according to MoffettNathanson. The firm lowered its rating to neutral from buy for Facebook shares, predicting the internet company will generate earnings below expectations this year. “We believe that […]