Facebook (FB) shares took a hit Tuesday following news Monday that it’s seeing headwinds from Apple’s (AAPL) recent iOS privacy changes and waning interest among younger consumers.
The news came after Facebook reported earnings that beat on profit but missed on revenue. While the company’s stock was down nearly 5% just before 2:30 p.m. Wednesday, MKM Partners analyst Rohit Kulkarni told Yahoo Finance Live that the social media giant’s earnings were actually better than feared.
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