Facebook (FB) down ahead of earnings

Facebook (NASDAQ: FB) shares fell 1.4% to $62.14. The social media behemoth is expected to report adjusted earnings of 24 cents a share on a 62% surge in revenue to $2.36 billion in the first quarter. Watch for the growth of online ads and plans for video ads and monetizing Instagram. Share volume was 18.1 million, compared to an all-day average of 68.2 million