Facebook closes below launch price – Aljazeera.com

Posted on the May 21st, 2012 under Popular News Today by admin

Facebook closes below launch price
The social network's value has dropped by 10.4 per cent, three days after its initial public offering. Facebook's stock is tumbling well below its $ 38 launch price in the social network's second day of trading as a public company.
Biz Break: Who's to blame for Facebook's fall as Wall Street rises?San Jose Mercury News
Going public: Key developments in Facebook's IPOSan Francisco Chronicle
Facebook stock plummets on second day of tradingHamilton Spectator
The Guardian -Sydney Morning Herald -Wall Street Journal -Economic Times
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