Thursday, October 4, 2012

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

facebook stock 1 billionLast 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.


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