Facebook (NASDAQ:FB) is expected to be in the spot
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Posted On: 07/27/2012 6:54:24 AM
Facebook (NASDAQ:FB) is expected to be in the spotlight after the social network issued its first earnings report as a public company after Thursday’s closing bell. The company managed to meet Wall Street forecasts but higher spending and the lack of a forecast appeared to unsettle investors.Facebook shares were down 8.9% in off-hour trading, according to FactSet. Facebook shares trade sharply lower premarket as earnings spook traders
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