Shares of Facebook FB are trading higher by 1.65 percent higher to $58.19 after Gene Munster, top analyst at Piper Jaffray, made bullish comments on Instagram.
Piper Jaffray conducted a survey of 7.5 thousand teens on what was the most important social network. Teens voted:
Market News and Data brought to you by Benzinga APIs- Instagram - 30%
- Twitter TWTR - 27%
- Facebook - 23%
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