Request Media Kit

Facebook Stock: What Will FB’s Big Day Hold For Shareholders?

Facebook will release its first earnings report as a public company Thursday afternoon, after the market closes. The company has come a long way since launching in 2004, and now we’ll really get...
Facebook Stock: What Will FB’s Big Day Hold For Shareholders?
Written by Chris Crum
  • Facebook will release its first earnings report as a public company Thursday afternoon, after the market closes. The company has come a long way since launching in 2004, and now we’ll really get to see what it’s made of.

    Facebook is down roughly 25% since the IPO. Here’s what the graph looks like (via Google Finance):

    Facebook Stock

    In pre-market trading, Facebook stock was at 27.63 (-1.71, -5.83%), as of Jul 26, 9:08AM EDT. It closed yesterday at 29.34. According to Reuters, investors are expecting a 14% move (either up or down), following the earnings report.

    Let’s hope, for Facebook shareholders’ sake, that Facebook has a better day than Zynga did yesterday (Zynga fell to as little as $3 in pre-market trading).

    The company will host a conference call to discuss its results, starting at 2:00 PM PT. There will be a live webcast on the company’s investor relations site. In case you can’t tune in, the company will offer a replay of the webcast on the site after it’s over, and a telephonic replay will be available for a week following the call.

    Get the WebProNews newsletter delivered to your inbox

    Get the free daily newsletter read by decision makers

    Subscribe
    Advertise with Us

    Ready to get started?

    Get our media kit