Facebook’s the Top Player in This Metric: Peck
Published: Tuesday, 23 Oct 2012 | 5:36 PM ET
By: Bruno J. Navarro
Facebook’s [FB 19.50 0.179 (+0.93%) ] advertising revenue in the third quarter is a positive sign, but there’s a bigger reason to own the stock, CoRise President Bob Peck said Tuesday on CNBC.
On “Fast Money,” he said that while Facebook beat expectations, but one number stood out: “The reacceleration of advertising revenue.”