Description: Facebook skyrocketed 10.8 percent Thursday after beating analyst expectations on revenue and earnings for its fourth quarter of 2018. Its market value jumped about $47 billion.

Source: CNBC.com – video report

Date: Jan 31, 2019

Link: https://www.cnbc.com/2019/01/31/facebook-stock-rises-on-strong-q4-2018-earnings.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

• Summarize the financial results reported in the article and why they were a surprise?
• What happened, in your opinion and what does this mean for the firm going forward?