Thursday, January 31, 2013

FB: It's apparently time to take profits in...

7:17 AM It's apparently time to take profits in Facebook (FB) following its big run as BMO, CIti, and Sifel all downgrade the stock following the earnings beat. BMO's move is notable as it comes one month (and more than 20% higher) since the firm tossed its bearish stance and upgraded to Buy from Sell. A nice trade. Shares -6.6% premarket. Read comments

FB price at time of publication: $31.24. Check FB price now »

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