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
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?