BALDWIN: Let's talk Facebook. The company has been doing pretty well lately, so why did its stock price get beat up just a little bit in after-hours trading? The company's CFO says young users are leaving the site. Zain Asher joins me now. What's happening?</s>ZAIN ASHER, CNN BUSINESS CORRESPONDENT: Hey, Brooke. Well, teenagers are leaving the site, and that spells major trouble for Facebook. Investors are certainly raising their eyebrows Shares of Facebook have been on a dramatic rollercoaster ride since yesterday. The stock was up 15 percent last night, but gains were wiped out when, as you mentioned, the CFO of Facebook admitted that teenagers were ditching the site. They have been asked about this before, and Mark Zuckerberg often denies that the company has any problems with the teen market, but this does not bode well for the future of Facebook. The fear is that if teenagers are leaving the site, what is that going to do to future growth? But Wall Street does not think this is the death of Facebook. Remember, the company does have 1.2 billion monthly users and is making more and more money off mobile ads. Shares right now are up 2 percent.</s>BALDWIN: Twenty seconds, that's all I've got. Where are they going?</s>ASHER: They're going to different types of sites. Instagram is one. Facebook owns that. They are also going to Snapchat, (inaudible) Twitter, as well. Facebook does have a problem with holding on to teenagers. They do have to work on that. Brooke?</s>BALDWIN: Zain Asher, thank you very much. There is the closing bell. I'm Brooke Baldwin. Thank you very much for watching me. See you back here tomorrow. "THE LEAD" with Jake Tapper starts right now.
Facebook CFO Admits Site Losing Younger Teens