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Facebook (FB) just can't catch a break
Today a new Reuters/Ipsos poll supports Bernstein's case and highlights investor concern over Facebook's ability to increase ad sales, which is the company's main revenue source.
Four out of five users say they never buy products or services through ads on Facebook, according to a poll taken between May 1 and June 4. In additional, the poll found 34 percent of users are spending less time on the site versus six months ago.
The stock price hit a new low Monday, closing down 30 percent from its IPO price to $26.90 a share.
