Facebook
Inc. (Nasdaq: FB) reported sharply higher third quarter revenue and earnings of 30 cents per share compared with 17 cents per share a year earlier
but the company forecast disappointing fourth quarter results and
warned of higher expenses in 2015. The stock price plummeted $4.91 to close at $75.86.
Facebook's outlook disappoints
October 29, 2014 at 18:22 PM EDT