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Facebook stock plunges as revenue, user growth disappoint

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Facebook's stock dropped by as much as 23 percent yesterday as the company reported its second-quarter financial results.

While revenue rose 42 percent to $13.2 billion, it fell short of the $13.4 billion analysts were looking for.

Global daily active users rose, as well, to 1.47 billion. Analysts were expecting 1.49 billion.

Read more from Fox Business.

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