Facebook stock spikes to record as prominent advertisers’ boycott doesn’t scare anyone

Facebook shares jumped to record highs Friday as analysts reported optimistic takeaways from an earnings report despite an organized boycott and global...

1 Aug 2020 ... Facebook shares jumped to record highs Friday as analysts reported optimistic ... at around 10% in July, the month advertisers had targeted for a broad boycott, ... advertiser concerns over the past two years,” Mizuho analysts wrote while ... won' t last long, are concerned about an eventual effect on shares.

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