Monday, May 21, 2012

Facebook Stock Plummets

Tough morning for The Zuck. After a lackluster debut, Facebook stock is sinking like a stone this morning - down more than 11% from its opening price.
As at 7:32 am (U.S time), FB share price had fallen to $33.97 per share- down $4.26 from its closing price on Friday. According to, the stock was down as much as 14% earlier in the morning.
Facebook debuted at $38-per-share, and many hoped it would explode. It didn't. Of course, we're still a long way from the closing bell, and a lot could happen -- good or bad. 


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