Interpreting Earnings Announcement Effects on Stock Prices On November 2, 2016, Facebook Inc. announced its 2016 third
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Interpreting Earnings Announcement Effects on Stock Prices On November 2, 2016, Facebook Inc. announced its 2016 third quarter results. Revenues were up nearly 50% from 2015 and earnings were up a whopping 180% ($5,944 million compared to $2,127 million.)
Yet, in the ensuing days, Facebook’s stock value fell 7% according to CNBC. Why do you believe that the company’s stock price fell despite the good news?
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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Related Book For 
Financial Statement Analysis And Valuation
ISBN: 9781618532336
5th Edition
Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers
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