Friday 14 September 2012

Facebook shares fall down


Facebook shares fall, down almost 20%


Face book shares continued to disappoint on Tuesday, as the social-networking company's stock fell to a new post-IPO low point. According to data from FactSet Research, Facebook's share gave up as much as $1.36, or more than 4%, to fall to $30.55 in early trading. Since Facebook went public on May 18 at $38 a share, the company's stock has shed almost 20% of its value.

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