Facebook earnings were strong, but the CFO warns of slower growth | MCUTimes

Facebook earnings were strong, but the CFO warns of slower growth

Facebook shares fell sharply in late trading on Wednesday after the company warned to slow growth for the rest of the year. The cautious outlook is coming, though digital advertising rivals have offered a bullish forecast for online advertising in the coming months.

Facebook (ticker: FB) shares fell 3.9% in the after-hours session. The stock rose 1.5% in ordinary trading on Wednesday, closing at $ 373.28.

That…

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