Wall Street Lukewarm At Best After Facebook’s Fourth-Quarter Earnings Call

The sentiment on Wall Street following Facebook’s fourth-quarter earnings call Wednesday was more negative than positive, with many analysts pointing to the social network’s staggering spending forecast for 2013 in lowering their ratings.

The sentiment on Wall Street following Facebook’s fourth-quarter earnings call Wednesday was more negative than positive, with many analysts pointing to the social network’s staggering spending forecast for 2013 in lowering their ratings.

david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.
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