[Reuters] Facebook shares jump 28 percent, Wall Street sees more ad growth

Posted by: UGN Security

[Reuters] Facebook shares jump 28 percent, Wall Street sees more ad growth - 07/25/13 06:44 AM

(Reuters) - Facebook Inc shares opened 28 percent higher on Thursday after the company reported a huge jump in mobile advertising revenue, and analysts pointed to further growth from new advertising on Instagram and 15-second videos.