Facebook shares rocketed and
plummeted within just 24 hours after the company's chief financial
officer admitted that teenagers are losing interest in the site.
Shares in the social network soared around 15
per cent to $57.98 (£36.16) following the site's latest quarterly earnings announcement, before suddenly failing to $47.40.
The
dip is being attributed to comments made by Facebook's chief financial
officer David Ebersman about a decline in teenagers using the social
network site.
***Read article at the Daily Mail***
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