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General Motors says FaceBook ads just don't pay off.
The largest auto maker in the US decides to pull -- paid ads on the site.
The move by GM one of the top three advertises in the US puts a focus on an issue many marketers have been -- Whether ads on FaceBook.
Actually help them sell more product that would General Motors has done is send a cautionary note out in the world affairs FaceBook advertising is still in many ways that -- -- Vehicle.
They've looked at it.
They've analyzed the results and they've -- we can spend our money more effectively somewhere -- probably online GM's decision raises questions about the ability of FaceBook.
To sustained at 88% revenue growth and achieved in 2011.
-- but said last month it.
First quarter ad revenue was down seven and a half percent from the previous three months.
FaceBook blames seasonal trends for that decline as -- the greater number of users outside the US where at rates are lower.
The news also comes -- space -- boosts the size of its IPO by 25%.
In a regulatory filing on Wednesday.
FaceBook saying about 421.
Million shares will be -- that's up from 337.
Million shares planned earlier.
It doesn't include other 63 million shares the deal's underwriters can sell to cover excess demand.
On Tuesday there's -- raised the expected price range for the stock.
To 34 to 38 dollars a share and that's up from 28 to 35 dollars a share reform when you look at the price verses that earnings.
Model or even priced revenues some people think it's way too rich.
On Friday -- that is expected to sell shares in an initial public offering which could put the company's market value at more than 100 billion dollars in New York.
Dennis -- Fox Business.
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