Facebook on Tuesday watched as its shares plummeted below $30 to a new low of $29.44, a difference of more than 20% from its $38 IPO. As of 12:45pm EDT the company’s shares had reached there lowest price to date while Dan Gallagher at MarketWatch points out that the company’s valuation is still extremely generous at 55 [...]
Facebook Shares Continue To Tumble, Fall Below $30 is a post from: The Inquisitr