Thursday, July 28, 2016
Facebook Blow Out Earnings: Zuckerbergs Dilemma
Facebook reported earnings yesterday and blew away estimates . This morning The stock is trading at a new all time high-$128- in pre opening trades. Analyists were dropped jawed and scrambled to raise estimates.CEO and founder Mark Zuckerberg was bubbling with pride.He gave the impression in an interview that he really had no idea when he launched his firm some would say he pirated another's that the results would be so positively explosive.Maybe he's torn between celebration and calling his estate planner to leave less to family and charities.