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A Communication Services ETF Jumps on Big Facebook Earnings

A Communication Services ETF Jumps on Big Facebook Earnings April 29, 2021 Communication services exchange traded funds were among the standout performers on Thursday after Facebook (NasdaqGS: FB) crushed its quarterly earnings expectations. Among the best performing non-leveraged ETFs of Thursday, the Meanwhile, Facebook shares jumped 7.3% on Thursday. FB makes up 22.0% of XLC’s underlying portfolio. Facebook revealed revenue of $26.17 billion for the quarter, up 48% year-over-year, CNBC ...
Mark Mahaney Ross Sandler Facebook Nasdaq Communication Services Select Sector Permanent Pull Forward Xchange Traded Funds

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