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Facebook shares fall 7% after earnings report despite beating on top and bottom lines

Facebook stocked plunged more than 7% on Wednesday in after-hours trading after the company reported its fourth-quarter earnings. Earnings (EPS): $2.56 vs. $2.53 per share forecast by Refinitiv. Revenue: $21.08 billion vs. $20.89 billion forecast by Refinitiv. Daily active users (DAUs): 1.66 billion vs. 1.65 billion forecast by FactSet. Monthly […]

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