+ - Facebook Stock Dips Below $20, closes at $20.04->
Submitted
by
Holistic Missile
Holistic Missile writes "The Huffington Post reports that Facebook's stock dropped to barely over half of its IPO value today:
'...The stock hit a low of $19.82 in heavy trading on Thursday afternoon. It has now lost almost half its value since debuting at $38 in May in the largest IPO ever to emerge from Silicon Valley...'
Hopefully, most of us here were able to talk everyone we know out of buying the stock in May, despite the hype."
Link to Original Source
'...The stock hit a low of $19.82 in heavy trading on Thursday afternoon. It has now lost almost half its value since debuting at $38 in May in the largest IPO ever to emerge from Silicon Valley...'
Hopefully, most of us here were able to talk everyone we know out of buying the stock in May, despite the hype."
Link to Original Source