Facebook Showing Improved Engagement, Tesla Eyes Production Ramp, and 3 More Hot Stocks

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Facebook (NASDAQ:FB): May Comscore data released on Tuesday night suggested an uptick in overall engagement, according to JPMorgan, which has kept a Buy rating with $35 price target on the social network’s shares. The company gained market share (to 21 percent, up from 19 percent) in mobile usage, to the detriment of its competitors. “Competing services are having only a modest impact on Facebook and higher mobile usage is driving continued share gains.”

FB

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business