Professor Elam

Thursday Jan 31 2019

Facebook revenue for Q4 came in above estimates at $16.91 billion.  Consensus expectations were $16.39 billion.

FB claims 1.52 billion daily active users during Q4.

FB as up 4.32% Wednesday and has risen again in pre market trading on Thursday. Notice the big change in social mod towards the stock. After falling since July, it reversed since December.  The company did not change but the mood certainly did. In six months the stock price was cut i half, though the actual performance of the company varied little.

Now look at Thursday Morning – What a Mood Reversal!

Boeing