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CLSA Defends Poor Facebook-AdParlor Metrics, Says This Isn't The End Of The Story
Thursday, April 14, 2016 - 11:44am | 394Facebook Inc (NASDAQ: FB)'s stock was highly volatile on Wednesday and was lower by 4 percent. Facebook's sell-off was attributed to reports from AdParlor, a social and video advertising platform. The organization was reported to have said during a conference call with analysts at CLSA...
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Facebook Shares Recover After AdParlor Says Ad Data Was 'Unauthorized And Inaccurate'
Wednesday, April 13, 2016 - 3:48pm | 289Facebook Inc (NASDAQ: FB) sold off earlier today, following a report from The Fly that said AdParlor held a conference call with CLSA and revealed some surprisingly weak Q1 Facebook ad spend. AdParlor told CLSA its ad spend on Facebook was down 18 percent quarter-over-quarter. According to a...
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Former Facebook Employee: Today's Stock Drop An 'Overreaction', Ad Spend Always Down QoQ In Q1
Wednesday, April 13, 2016 - 1:08pm | 339In about an hour's time, Facebook Inc (NASDAQ: FB) plunged more than 4 percent on a strong day for the NASDAQ, following surprising commentary from AdParlor. The Fly said AdParlor, the self-described “largest social and video advertising platform on the planet,” held a...