October 4th, 2012

1 Billion Users Have Done Zilch For Facebook’s Stock Price Today

facebook stock 1 billion

Last week, we noted that Facebook’s stock appeared to have gotten a nice little bump after it announced its move into the sale of physical gifts, potentially opening a new revenue stream for the company. Not all of Facebook’s big news is so kind. Today’s announcement that Facebook has reached 1 billion users has had no impact, or possibly a negative one, on its stock so far today. → Read More