Click to Skip Ad
Closing in...
Indiewire logo

Can Facebook Continue To Dazzle Wall Street?

Jon Friedmans Media Matrix By Jon Friedman | Jon Friedmans Media Matrix July 26, 2014 at 4:07PM

Can Facebook continue to climb and climb?
0


Facebook's prospects


Can Facebook Inc. (FB) continue to climb and climb without a hiccup? The stock is zooming to all-time-high territory. It is adding users. It is skating past such irritants as privacy debates and growth concerns.

But even Icarus flew too close to the sun. Facebook will have to keep ringing up strong financial results to impress Wall Street, which has been known to turn rapidly on high-flyers.

CEO Mark Zuckerberg & Co. are doing everything right these days. When analysts questioned whether Facebook was still in vogue with coveted tyoung users, it went out and bought WhatsApp for a cool $19 billion. Suddenly, the clamor dropped to a whisper.

To learn more about Facebook's prospects, check out this piece I wrote for MarketWatch:

 
http://www.marketwatch.com/story/is-facebook-doomed-to-fly-too-high-2014-07-24