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Facebook slumps as mobile ad growth fails to impress

Three brokers will the stock rating 1 social network, it has been trying to make a comprehensive mobile advertising business.
For a long time, Facebook has established himself as one of the most important site, but investors worried that the company's mobile advertising strategy, to take off, income growth will remain topple.
The company announced the better than expected in the fourth quarter profit said Wednesday that the mobile advertising income doubled, to $306 million, which indicates that it is sweeping into the intelligent mobile phone and tablet PC handheld devices, etc.
Investors are looking for at least $350 million mobile advertising revenue, Piper Jaffray analysts jean mons, (Gene Munster) in to the customer's report said.
"Although mobile growth path may not so steep, some investors hope, as Facebook's future as the theme of the mobile remain unchanged," he said.
BMO Capital Markets analyst Daniel salmon, will the stock rating for "market performance" by "run to win market", but in 2013, said the Facebook's share price performance will depend on it to produce mobile advertising revenue.
He said, the new catalyst is necessary drive Facebook's shares rose.
Facebook stock, the stock has lost its value, because of its poor appeared for the first time may quarter, in the plate before trading at $29.08. Wednesday in the nasdaq market shares closed at $31.24.



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