Facebook shares hit by slowest growth in years, higher expenses

By
Follow google news

Dealing with regulators and policymakers also remains a key risk.

Facebook shares hit by slowest growth in years, higher expenses
Shares of Facebook Inc fell 7 percent on Thursday after the social media giant posted its slowest quarterly growth since its market debut as expenses mount and warned of continued stagnant growth. The dire forecast prompted six Wall Street analysts to cut their price targets with Pivotal ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

NAB elevates technology modernisation leader

NAB elevates technology modernisation leader

Aware Super moves AI closer with CEO's remit

Aware Super moves AI closer with CEO's remit

Macquarie Bank's digital chief to join Westpac

Macquarie Bank's digital chief to join Westpac

Westpac looks to broad AI integration within the business bank

Westpac looks to broad AI integration within the business bank

Log In

  |  Forgot your password?