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Facebook Makes Gains on Mobile Ad Revenue

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  • Description

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  • Duration 1:32
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Our markets and topping our stock -- fifteen minutes that called Italy's -- the floor of the New York Stock Exchange.

They're still reeling from yesterday's slaughter Nicole -- -- -- we really did not have a good three days here on Wall Street Friday was down over 200 points.

Yesterday we -- selling across the board the -- up over 240 points out.

Think that it took three days here on Wall Street let's take a look at how we are faring right now the Dow is just above the unchanged -- so losing any -- that it had earlier in the day is up just eight points that's a fractional gain -- not even 110 of 1%.

The tech heavy NASDAQ is down a quarter of a percent and -- a look at S&P 500.

Also to the downside Cindy had 1411.

That's a drop of 110 of 1% want to take a look at the real winner that's -- thought.

Look at FaceBook -- big topic today after their quarterly reports.

Analysts on Wall Street were pretty impressed -- some upgrades today give a big pop in the stock moving up more than 20%.

For FaceBook it's sitting at 23 dollars 44 cents a share I know it's not thirty dollars the IPO price -- still.

Big gains after a lot of people look at those quarterly numbers in just the encouraging data -- -- on the progress they've been making them.

But the money that they are getting from mobile phone use also less sad to risk would Zynga.

So -- is lines on the analysts are saying thank look at that they're gonna wanna catch of a lock up someone makes fire some analysts say.

And mark to market sells off FaceBook that might be a chance to buy it.

Yeah welcome gets cheapen -- why not write a cold ladies thank you very much we're gonna watch that's not an entire --

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