Facebook stock jumps after Q1 earnings beat

Facebook stock jumps after Q1 earnings beat

5 years ago
Anonymous $9jpehmcKty

https://finance.yahoo.com/news/facebook-q1-2019-earnings-194033555.html

The company’s stock is up 4% in after hours trading.

Facebook also announced that it recorded a charge of $3 billion due to an FTC inquiry into the company’s user data practices, which ate into the company’s bottom line. It says the final charges could range anywhere from $3 billion to $5 billion.

Facebook stock jumps after Q1 earnings beat

Apr 25, 2019, 9:18am UTC
https://finance.yahoo.com/news/facebook-q1-2019-earnings-194033555.html > The company’s stock is up 4% in after hours trading. > Facebook also announced that it recorded a charge of $3 billion due to an FTC inquiry into the company’s user data practices, which ate into the company’s bottom line. It says the final charges could range anywhere from $3 billion to $5 billion.