Ron Burgundy Posted August 21, 2016 Share Posted August 21, 2016 Facebook Inc stock has the potential to climb by more than 20 percent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday. The social media giant, which traded at just under $124 a share on Friday, has seen a recent acceleration in growth in part because of its increasing mobile ad load, or, the number of ads Facebook can serve up to its users, the report said. Facebook also has other avenues of ad load growth, including Instagram, Messenger and WhatsApp, which have yet to fill up on ads, it said. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.