Skip to comments.Facebook closes below its pre-IPO price range (Down nearly 40% from IPO high of $45...)
Posted on 06/01/2012 4:44:37 PM PDT by jimbo123
Facebook Inc.'s shares slumped to a record closing price on Friday, this time falling below the initial price range that was set when it began the quest for its stock market debut.
Facebook shed 6.4 percent to close at $27.72, a new low, as the stock was swept down in a broad market retreat.
(Excerpt) Read more at nypost.com ...
Will it be known as Facebuck in the near future?
Deserves to die IMHO.
Once this is all sorted out, I predict FB in the US$9-12 range.
Faceplant or Facepalm.
the little folks were supposed to jump in after the ipo went public so all the elite could pull out making a million or so in just a couple of hours.
hello? a. we know the game now... fool me once....
b. nobody has any MONEY!!!!!
the greedy got what they deserved.
i hope pelosi aand reid lost their @ss
Facerook. Rooking rubes. Ripping off retail.
I hear they are forwarding all complaints to their law team of Dewey, Cheatum & Howe.
Interesting comparing the media treatment of Enron vs. MFGlobal. FB is apparently infested with Democrats so I'd expect them to get pretty much a free pass.
Facebook? More like Fæcesbook.
Someone remind me when it’s at a foreward P/E of 8 ...
Congress? That's where Fleecebook got its inspiration!
Zuckerpunch and his new bride are big Obama supporters. How much of the cashout overflowed to the campaign?