Despite Facebook’s move away from HTML5 and toward building its own native applications, Co-Founder and CEO Mark Zuckerberg spoke kindly of HTML5 during the company’s first-quarter earnings call Wednesday.
Sanford C. Bernstein & Co.
Last week, Ashoat Tevosyan, an engineer on Facebook’s search quality and ranking team, discussed the nuts and bolts behind adding posts to Graph Search. Wednesday, during the social network’s third-quarter earnings call, Co-Founder and CEO Mark Zuckerberg spoke about the reasoning behind the effort.
Wall Street has not been clicking on the like button for Facebook this week, as analysts Carlos Kirjner of Sanford C. Bernstein & Co. and Richard Greenfield of BTIG lowered their ratings for the social network’s stock.
Facebook’s already-scuffling stock took another hit Monday with the release of a research report by Sanford C. Bernstein & Co., which assigned the social network a target price of $25 per share and an “underperform” rating.