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Posted: 08/24/2012, By: Heather Kelly CNN
Facebook (FB) has had a rough first three months as a public company. The social network's stock has performed poorly since going public in May, and on Monday morning it dropped to an all-time low of $18.75.
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CNN) -- Mark Zuckerberg is not in danger of losing his job, but that doesn't mean he can brush off recent criticism of his leadership.
Facebook has had a rough first three months as a public company. The social network's stock has performed poorly since going public in May, and on Monday morning it dropped to an all-time low of $18.75 -- less than half of the company's initial share price of $38.
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Comments
Why the Ads on FB?
I have freaking ADS on my newsfeed now, for Dove soap and other crap I don't want to see. Sellout!
It is very simple Facebook
It is very simple Facebook was and is still overpriced, When it went to the markte at $38 it had about an p/e ratio of 100 and in this market that's too much (we are not in the internet bubble anymore) today at $19 it is still overpriced at an p/e ratio at about 50. a fair price for the stock woulkd be about between $3,80 and $8. And who is to blame the greedy banksters ofcourse they earn a lot of money by pricing stocks at high levels at an IPO.
But this all old news beacause we are moving towards a completely different kind of level of being without stock markets and greedy banksters.
Be in Light