Facebook Stock Rises on Earnings Because Financials Trump Controversy

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https://www.barrons.com/articles/facebook-stock-price-earnings-51635020234


Updated October 25, 2021 / Original October 24, 2021

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Facebook stock jumped in extended trading Monday despite a mixed set of financial news from the social media giant. And, yes, it’s still called Facebook, for now.

Facebook (ticker: FB) reported net income of $9.19 billion, or $3.22 a share, ahead of Wall Street’s consensus estimate at $3.19 a share. Revenue of $29.01 billion was a tick below the consensus at $29.49 billion.

Meanwhile,...


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