Facebook shares stung by slow user, sales growth

By Munsif Vengattil and Paresh Dave (Reuters) - Facebook Inc on Tuesday beat analysts' profit estimates but missed targets for growing monthly users and reported its slowest revenue growth in about six years. The social network is keeping costs in check better than some investors anticipated but is facing challenges growing users, causing shares to swing in both directions after the third-quarter results. Shares of Facebook were up about 3 percent to $146.22 after initially falling as much as 5 percent following the bell, when they had closed up 2.9 percent at $146.22.

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