Wednesday, March 13, 2013

FB: Facebook's (FB -1.8%) mobile ad quality is...

11:24 AM Facebook's (FB -1.8%) mobile ad quality is declining, writes BTIG's Richard Greenfield in a bearish note that's pressuring shares. Greenfield, who downgraded Facebook to Sell last month, thinks mobile ad sales could fall Q/Q in Q1 (a seasonally weak quarter), and that Street estimates for 2014 and beyond are too high. Read comments

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FB price at time of publication: $27.32. Check FB price now »

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