Facebook's quarterly results are impressive, but investors are starting to doubt its future prospects - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Thursday, 30 January 2020

Facebook's quarterly results are impressive, but investors are starting to doubt its future prospects


Facebook's latest quarterly earnings report is out, and it looks like the company had a very impressive 2019. However, investors don't seem to share its enthusiasm, as stocks fell almost 8 percent in after-hours trading, effectively evaporating more than $50 billion from its market value.

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