Minggu, 03 November 2013

This week in tech stock: Why Facebook nosedived

Facebook was on fire this week - not in the Sherman-does-Atlanta sense, but in the Katniss-from- Hunger-Games sense. So why did its stock tank?


This week, Facebook posted a truly stellar earnings report. Revenue was up by 64 percent, and profits rose to nearly a half-billion smackers. And on mobile - social media's most important platform - we learned that the company is closing in on an unprecedented billion active users.


And its stock price is down around 8 percent for the week. Say what?


As our own John Koetsier explains, twelve little words from the investors' call were enough to seal the deal: 'We did see a decrease in daily users specifically among younger teens.'


That quote from Facebook CFO David Ebersman was, if not a death knell, certainly a pummeling-knell.


More earnings-related movement: Apple posted an amazingly forgettable $171 billion in revenue for fiscal year 2013, a number that's totally unsustainable. Investors responded with a -.26 vote of 'meh' confidence.


Comcast highlighted the success of its video-on-demand offerings and saw a nice 3 percent lift. Also on the media side, Netflix reported 40 million subscribers, proving its focus on original content focus is paying off, but investors were squeamish, leading to a 7 percent tumble.


The real stars for the earnings season were Brightcove, which experienced a 6 percent incline post-earnings, and Amazon was up 10 percent, thanks to steady growth and in spite of a few important but unanswered questions.


Here's a look at the stock price movement in percentages:



Tidak ada komentar :

Posting Komentar