Facebook Plunges… Again
Womp womp.
Facebook’s shares fell again on Tuesday, leaving them down nearly one-third from Friday’s highs as questions mounted over the company’s financial prospects and its ability to grow fast enough to meet the hype surrounding its stock.
After Friday’s nearly flat close and Monday’s 11 percent plunge, the stock tumbled again Tuesday — 4.2 percent to $32.60 in the first 90 minutes of trading. That was a decline of 28 percent from Friday’s high of $45, but well off its lows of the morning.
More here: http://huff.to/JlDCLo
