Facebook’s first quarterly report as a public company is getting a thumbs down on Wall Street.
The social-networking company’s second-quarter profit met analysts’ estimates, while revenue growth came in a tad better than expectations.
Shares initially rose after the report, but were recently down in after-hours trading, falling 7.6 percent to $24.80. The stock dropped 8.5 percent on Thursday after Zynga’s lackluster quarterly results spooked investors. Facebook relies on the social-gaming company for a portion of its revenue.
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