Facebook Spikes 12% After Smashing Q4 Earnings

Facebook shares are spiking today, and were up as much as 13 percent after the company reported its fourth-quarter earnings. The culprit? Once again, the company completely crushed expectations for its operating quarter. Facebook brought in $5.841 billion in revenue and earnings of 79 cents per share, compared to earnings of 68 cents per share and $5.37 billion in revenue. Read More...