Thursday, 26 July 2012

Investors brace for wild ride when Facebook announces earnings

NEW YORK (Reuters) - Investors in Facebook stock are bracing themselves for something wild.

After dropping about 25 percent since its highly anticipated market debut in May, it is not surprising the market is bracing for big swings in Facebook Inc shares after the social media company reports earnings for the first time as a public company. The options market is forecasting a 14 percent move up or down in Facebook shares following the earnings, w


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