Facebook Stock Is Soaring! It's Up 24%

mark zuckerberg

Photo: Getty

Facebook reported strong earnings yesterday.The key news:

  • Facebook finally re-accelerated its advertising revenue growth.
  • It demonstrated that it can be a very big business on mobile, where everything is going.

Investors are rewarding the company mightily: the stock is up 24% in pre-market trading.

But there is still more the company to do as it moves forward. 

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