Facebook shares fall from record as Wall Street grows wary of growing costs to combat 'false news'

Facebook shares fall from record as Wall Street grows wary of growing costs to combat 'false news'

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/02/wall-street-grows-wary-of-facebooks-growing-costs-to-combat-fake-news.html

Wall Street largely gushed over Facebook's comfortable earnings beat, but analysts are keeping a wary eye on the social network's growing investments in security and content.

Shares of Facebook fell 1.33 percent in premarket trading Thursday, despite its much better-than-expected results Wednesday after the bell. The stock closed at a record Wednesday, up 59 percent for the year.

Facebook shares fall from record as Wall Street grows wary of growing costs to combat 'false news'

Nov 2, 2017, 1:27pm UTC
https://www.cnbc.com/2017/11/02/wall-street-grows-wary-of-facebooks-growing-costs-to-combat-fake-news.html >Wall Street largely gushed over Facebook's comfortable earnings beat, but analysts are keeping a wary eye on the social network's growing investments in security and content. >Shares of Facebook fell 1.33 percent in premarket trading Thursday, despite its much better-than-expected results Wednesday after the bell. The stock closed at a record Wednesday, up 59 percent for the year.