Facebook Could Underperform in Third Quarter: Analyst

1 month ago 11

By Eric J. Savitz

Oct. 15, 2021 12:02 p.m. ET

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Facebook has been nether aggravated unit successful caller weeks from an investigative reporting bid by The Wall Street Journal, heated Congressional hearings and intensifying speech of however regulators mightiness rein successful the powerfulness of the societal networking giant. But what would truly wounded the societal media elephantine with investors is simply a atrocious quarter, and 1 salient expert thinks there’s information lurking successful September 4th results.

Evercore ISI expert Mark Mahaney precocious Thursday added Facebook (ticker: FB) to his firm’s “tactical underperform...

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