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Its Beige Book losing me it.
It factor as he gets older the social media website -- its first years of public company tomorrow amid some worries that young people are losing interest in the service.
Apparently they don't want -- befriended by their grandparents Adam Shapiro.
-- Worse and that they don't wanna be followed by their parents who can keep tabs on them but here for investors -- take a look at what FaceBook is done in the last year.
Remember this is an IPO they came out at 38 bucks they shot up.
Soon after to 45 dollars a share and then plummeted down to seventeen dollars 55 cents.
That was the low they hit right now trading at out roughly 26 dollars forty cents a share.
But ten FaceBook get to that point of 38 dollars as I don't need to tell you you're -- -- media expert around here.
They're trying to create revenue streams through advertising and their revenue was up in the last quarter they were up to -- one point 46 billion 36% over.
The previous quarter which -- been one point 06 billion but some of the ways they're doing this or not.
Are not things that people who are in that age group -- say eighteen to 25.
Really like they put the -- right on your news -- And that group can go to Twitter and two other social media sites to contact their friends tell -- a state of French -- without getting the ads.
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