Facebook shares leap 20 percent as users, mobile ads climb - By - TopicsExpress

Facebook shares leap 20 percent as users, mobile ads climb - By Alexei Oreskovic (Reuters) - Facebook Inc beat Wall Street's revenue targets as its mobile advertising business gains steam and the Internet company reported a rise in the number of users who visit its online social network every day. Shares of Facebook jumped 20 percent to $31.81 in afterhours trading on Wednesday. The world's No. 1 social network said roughly 700 million of its 1.15 billion user... ow.ly/2yC6Zm

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