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" ... Although Facebook posted strong third quarter earnings – 59% revenue growth and 90% jump in operating income – its stock has taken a shellacking whch has driven the stock to $74.99 a share on Oct. 31, down from its 52-week high of $81.16. Part of investor worry is the company’s heavy spending on acquisitions, including Oculus Rift, a virtual reality company, purchased for $2.3 billion and WhatsApp, a global messaging company, for $19 billion. Spending on acquisitions is expected to balloon by 55%-75% next year. ... "