Wednesday, April 3, 2013

FB: JPMorgan's analysis of PC/mobile data...

12:24 PM JPMorgan's analysis of PC/mobile data indicates Facebook (FB +3.6%) engagement remains steady and that the company is seeing very little impact from rival services, writes JPMorgan's Doug Anmuth in a note that's giving shares a lift. Facebook might also be benefiting from Zynga's U.K. real-money gambling launch - though the launch is Web/PC-only for now, Facebook support is due later this year, and the social networking giant has already shown a willingness to support real-money gambling. Read comments

FB price at time of publication: $26.35. Check FB price now »

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