Friday, August 17, 2012

Facebook Stock Plummets to Record Low


The California based company founded by Mark Zuckerberg has seen its lowest dip in investor confidence after shares sank to 6.3 per cent. The Palo Alto based social networking website went public in May this year with shares debuting at $38. But early investors pulled out their funds on Thursday sinking the value of shares down to nearly 50 per cent. Al Jazeera's Dominic Kane has more.

1 comment:

Anonymous said...

And you know, G-man, the FB has a long way yet to fall... this is just the beginning!