Tech : Facebook earnings, commercialism stock sales eyelike
Fasten your seat belts, Facebook investors.
Company earnings on Tuesday and millions of employee shares hitting the market for the first time on Thursday could make for a choppy ride this week.
As the Silicon Valley / San Jose Business Journal reports, while the company is expected to post higher revenue in its second quarter as a public company, much attention will be focused on the mobile advertising portion of that number. That's where analysts say the Melon Park social networking giant needs to show progress if it is going to return its stock to its $38 a share IPO price.
As the Silicon Valley / San Jose Business Journal reports, while the company is expected to post higher revenue in its second quarter as a public company, much attention will be focused on the mobile advertising portion of that number. That's where analysts say the Melon Park social networking giant needs to show progress if it is going to return its stock to its $38 a share IPO price.
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