Despite Posting Monster Q4 And 2020 Results, Facebook’s Stock Tumbles On IDFA Fears

Apparently IDFA can move stock prices. Although Facebook had a damned good Q4, with ad revenue up more than 30% year-over-year to $ 28.1 billion – its fastest growth rate in more than two years – the stock fell nearly 4% in after-hours trading. Why? Because the ad targeting-related headwinds that Facebook CFO Dave Wehner has been referring… Continue reading »

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