Facebook Shares Soar 22 Percent In The Wake Of Quarterly Earnings

Wall Street is responding with enthusiasm to Facebook's earnings. Shares (NASDAQ:FB) are currently trading 22 percent above yesterday's price. During the earnings call, the company announced that 14 percent of ad revenue are now coming from mobile ads. It is both a meaningful part of Facebook's revenue and a shift investors were waiting for.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/OS0si2ihI5o/

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