Facebook Eu Fines Add Up To Four Cents According To Percentage

That’s because Vestager, the European Commissioner who oversees competition, just lifted a few cents per share from the company’s investors in the form of a $122 million fine.
Facebook is seen posting a profit of 78 cents a share for the period ending in June.
Belgium and the Netherlands in the past week also released a statement that criticized how Facebook tracks users for advertising purposes.
When betting on how Facebook will fare versus Wall Street expectations, they may want to add an expense line named for Vestager and her colleagues.
Taken together, these bills add up to about 4 cents a share.

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