Facebook’s Video Ad Debacle: Much Ado About Nothing, Say Cowen, Wells

Tech Trader Daily
By Tiernan RaySep 23, 2016, 4:49 pm149 pts
Shares of Facebook (FB) today closed down $2.12, or 1.6%, at $127.96, after The Wall Street Journal’s Suzanne Veronica and Jack Marshall yesterday reported that ad buyers are annoyed that the company “vastly overestimated average viewing time for video ads” on its properties, citing multiple unnamed…

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