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Facebook earnings hit $2.2bn, stock price up. Teenage use down, stock drops.

Mark Zuckerberg's original Facebook profile by Niall Kennedy

Facebook's star is on the rise, as are its earnings, which were revealed yesterday at $2.2bn. Not a bad chunk of change. Predictably, FB stock rose 15%.

The admission that younger teens are using the network less also had a dramatic impact, deflating the good news and seeing the stock drop.

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31 October 2013 by Sam Michel