Facebook Teen Issues Magnified
The leading social network site continues to trade near all-time highs despite another report that magnifies the teen issue. According to a updated demographics study from iStrategyLabs, Facebook (FB) has an expanding teen issue magnified by the results of the report. Considering the thesis isn't new, investors aren't taking these studies seriously though the threat is very real and possibly unavoidable at this point.
As highlighted a couple of weeks back in How Much Is Facebook Worth As An Internet Utility, the issue isn't whether Facebook remains a viable social network, but whether it is worth the current valuation of nearly 19x revenue.
Read the full article at Seeking Alpha.
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