Things were finally looking up for Facebook (FB) on Friday. Shares rose in early trading Friday. If those gains hold, Facebook will snap a six-day losing streak on Wall Street. Have shares finally bottomed? Tough to say. The stock still seems overvalued at about 40 times 2012 earnings forecasts.
Investors are still worried about slowing growth. Big institutions have started to dump the shares. Facebook temporarily dipped below $20 (teenage wasteland!) MOREPaul R. La Monica - Aug 3, 2012 9:58 AM ET
LinkedIn (LNKD) has more than doubled from its initial public offering price. It's even up more than 10% from its first day closing price. Facebook (FB)? Not so much.
When LinkedIn, aka the social networking site that actually has a diverse revenue stream, reports its latest earnings on Thursday, investors are clearly hoping that the company's hot streak will continue. Check out how well LinkedIn has fared compared to its rivals MOREPaul R. La Monica - Jul 30, 2012 12:42 PM ET
I doubt that there were any champagne corks popping in Facebook's (FB) Menlo Park headquarters Monday. But for what it's worth, Facebook hit a milestone in its brief history as a public company: Shares rose 4.7%, marking the first time that the stock was up for three straight days.
The winning streak hit four Tuesday. Facebook shares rose another 1.6%. So investors who bought Facebook on the day of its bungled MOREPaul R. La Monica - Jun 19, 2012 4:20 PM ET
#StupidStock move of the day! Yes, $LNKD is insanely expensive. But why down 5% today? Still a better growth story than $FB if you ask me.— Paul R. La Monica (@LaMonicaBuzz) May 31, 2012
I try not to drink the tech Kool-Aid too often -- although I did work at Red Herring in 2000 and 2001 (Remember those magazines that were the size of phone books ... that were soon replaced MOREPaul R. La Monica - May 31, 2012 2:01 PM ET
Maybe Facebook (FB) stock will be trading much higher in May 2013 than where it is right now. Maybe not. But investors shouldn't dismiss all social media as a fad just because Facebook's IPO has so far been more FaceBust than FaceBoom. LinkedIn (LNKD), often described as a FaceBook for professionals, went public just about a year ago. It's stock surged on its first day of trading, gaining 109%. But MOREPaul R. La Monica - May 23, 2012 10:06 AM ET
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