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Podcasts Take Two
Facebook financially surges despite negative perception
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Jul 25, 2013
Listen • 7:35
Facebook financially surges despite negative perception
Its stock has improved since 2012, but the company was still believed to be doing average at best over the past year. That was until yesterday, when Facebook released their second quarter earnings and promptly saw their stock go up 25 percent.
Mark Zuckerberg, CEO of Facebook, attends the Digital Life Design (DLD) conference on January 27, 2009 in Munich, Germany. DLD brings together global leaders and creators from the digital world.
Mark Zuckerberg, CEO of Facebook, attends the Digital Life Design (DLD) conference on January 27, 2009 in Munich, Germany. DLD brings together global leaders and creators from the digital world.
(
Sean Gallup/Getty Images for Burda Media
)

Its stock has improved since 2012, but the company was still believed to be doing average at best over the past year. That was until yesterday, when Facebook released their second quarter earnings and promptly saw their stock go up 25 percent.

Facebook and the stock market have had a tenuous relationship ever since the company's IPO tanked upon public release in May 2012. The stock has improved since then, but the company was still believed to be doing average at best over the past year.

That was until yesterday, when Facebook released their second quarter earnings and promptly saw their stock go up 25 percent. 

CNET executive editor Paul Sloan joins the show to explain how Facebook's public perception that it's slipping is actually far from the truth.