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Facebook's Upbeat Report Failed to Beat Q1 2015 Earnings Estimates

Facebook's Upbeat Report Failed to Beat Q1 2015 Earnings Estimates

Today’s report appears to indicate Facebook is meeting some of the analysts’ expectations, which bodes well for the company’s valuation and the price of its stock. Facebook stock closed at $84.63 today, up $1.01 or 1.21%, but since the announcement was made after the market closed, we’ll have to see what happens to the stock price tomorrow and in the coming days and weeks. Early reports indicate Facebook’s stock has dipped as much as 2% in after-hours trading.

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