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Facebook's Sales Jump; Shares Drop on 2021 'Uncertainty'.
- Source :
- Bloomberg.com; 1/27/2021, pN.PAG-N.PAG, 1p
- Publication Year :
- 2021
-
Abstract
- Facebook's Sales Jump; Shares Drop on 2021 "Uncertainty" (Bloomberg) -- Facebook Inc.'s fourth-quarter sales jumped 33%, with online shopping during the pandemic fueling demand for digital ads on its social networks. Facebook posted fourth-quarter net income of $11.2 billion, or $3.88 a share, compared with the $3.22-per-share analyst estimate. [Extracted from the article]
- Subjects :
- STOCK prices
UNCERTAINTY
SOCIAL criticism
SOCIAL networks
PROFIT
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 148339232