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Facebook shares rise as Zuckerberg soothes investors

“Facebook shares were up 2.6 percent at $159.23 in morning trade on Thursday” writes Midwest Communications Inc for 95kqds.com. Facebook expanded its share of social app downloads in March by 33.2 percent from 30.1 percent.Also, Facebook’s social app downloads improved on a monthly basis both in the U.S. and globally, according to the data.Zuckerberg said on Wednesday he accepted blame for the data leak and should have done more to audit and oversee third-party app developers like the one that Cambridge Analytica hired in 2014.”We suspect that looking back a year from now, if not sooner, this episode will have been a uniquely compelling buying opportunity in the mega cap internet space,” Deutsche Bank analysts said.
 
Source: 95kqds.com



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