Facebook shares rise as investors focus on earnings beat and look past whistleblower document dump

Facebook shares rise as investors focus on earnings beat and look past whistleblower document dump

October 26, 2021 Raleigh Badon 0

Facebook investors shrugged off the massive ongoing document dump on Monday and instead focused on the company’s third-quarter earnings, which topped analysts’ estimates.The company said it’s adding $50 billion to its stock buyback program, helping lift the shares about 2% in extended trading.Here are the results.Earnings: $3.22 vs. $3.19 per share expected by analysts, according to…