FacePlant – Social Network Stock Slumps On Ad-Spend Plunge Chatter

Facebook is making headlines this morning for CEO Zuckerberg’s anti-Trump stance. However, shareholders are focused on chatter from a conference call, confirming Deutsche comments last week, that Ad Spend is plunging worse than expected – CLSA and AdParlor saying that Facebook advertising spend is down a shocking 18% in Q1

The stock is not reacting well…

 

Still keep talking about Trump – that will fix it…

via http://ift.tt/1TRoSHw Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *