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

Woman of Steel

November/December 2014
Wednesday, October 22, 2014
BY LINDA BAKER

Tamara Lundgren tackles the challenges—without getting trampled.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

What I'm Reading

November/December 2014
Wednesday, October 22, 2014

Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.


Read more...

Kill the Meeting

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Meetings get a bad rap. A few local companies make them count.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Healthcare Perspective

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


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