Tomi Kilgore has the latest on the incredibly short honeymoon period Facebook had on the stock market on Markets Hub.
“Facebook shares slid toward $35, well below its initial public offering price of $38, in its second day of trading, a black eye for all those involved with the social-networking company going public.” – YT
Well, it looks like Mark Zuckerberg got a big face full of fail with people speculating his move into the stock market. From Facebook being too eager to jump into a falling market to the price of the actual shares, nobody is leaving this one alone.
Better luck next time?
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