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Facebook Stock Sinks Below $30 ??? How Much Farther Will It Drop?
forbes.com 2 hours, 26 minutes agoThe news that Facebook plans on developing a new phone hasn't helped the social media giant in these first days of being a public company. Stock price has dipped below $30, well south of the initial IPO price of $38, and there's no telling how much further it will sink. Things aren't as bad for ...
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Facebook's Stock Falls Below $30 For First Time
thestate.com 4 hours agoFacebook's stock has fallen below $30 for the first time since its much-awaited public debut this month. The stock fell $2.40, or nearly 8 percent, to $29.40 in midday trading on Tuesday. That's down 23 percent since its public stock debut. It went as low as $29.23 earlier in the day. Facebook Inc. began trading publicly on May 18 following one of the most anticipated stock offerings in history. The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billio
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