A Succinct Summation of the Social Mood on Facebook
Facebook traded nearly 20% higher in early action this morning as the crowd digests the latest earnings release from the social media juggernaut. In their release, Facebook highlights $2.59 Billion in revenue — and profits of $523 Million in Q4, easily crushing analyst estimates.
And about that Instagram purchase that was roundly mocked a year ago?
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Instagram user base up 100% (180 mil) year-over-year, ad pricing up 92% over the same time.
It’s clear to see Facebook is clicking on all cylinders. The StockTwits Community weighed in this morning as the market got set to open for trading:
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And as trading unfolded, the huge opening pop gave participants a lot to chatter about:
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Finally, perhaps no message sums up the feeling of long investors better than this fun message:
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~ Sean McLaughlin (@chicagosean)
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