Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
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.