Home From the Wires Facebook stock climbs 8%

Facebook stock climbs 8%

| Print |  Email
Monday, November 26, 2012

Forbes: Facebook investors got a happy surprise as the stock soared 8%. The rise was due in part to an upgrade from analyst Carlos Kirjner from Market Perform to Outperform.

With now two full quarters under its belt as a public issue, Facebook and its leaders understand what the company must do to regain investor trust and truly answer the question that has most investors puzzled – “what is the value of social media?” In the meantime, investors as well as analysts continue to believe in Facebook’s new direction, which many call “tuning the page.”

The company’s mission is now clear – It wants to make money and return value to shareholders. This was evident in its most recent quarter as ad revenue soared year-over-year by 43% and equally impressive was that it represented a 33% increase from the previous quarter. That Facebook was able to accomplish this in one of the most difficult periods for most tech companies speaks to the level of execution of which the company is capable. Investors should find this particularly encouraging – at least it’s been enough to warrant the bullish calls as noted above.

Read more.

 

More Articles

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper journalists move into brand journalism.


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS