Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch:
Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO — Facebook's stock just hit a new low and has now lost more than 50% of its value since the social network's IPO in May. This new record low comes after analyst firm BMO Capital Markets cut its price estimate on the company's shares from $25 to $15 today.
Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch:
Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO — Facebook's stock just hit a new low and has now lost more than 50% of its value since the social network's IPO in May. This new record low comes after analyst firm BMO Capital Markets cut its price estimate on the company's shares from $25 to $15 today.