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Facebook Shares Recover After AdParlor Says Ad Data Was 'Unauthorized And Inaccurate'

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Facebook Inc FB 0.09% sold off earlier today, following a report from The Fly that said AdParlor held a conference call with CLSA and revealed some surprisingly weak Q1 Facebook ad spend. AdParlor told CLSA its ad spend on Facebook was down 18 percent quarter-over-quarter.

According to a...