Sunday, May 27, 2012

Facebook: the fall of an angel

The entry of Facebook stock market threatens to go to the courts. Many investors are preparing lawsuits against directors and entities involved in the process. Among the target of the process itself is Mark Zuckerberg, founder of social network.
At issue are delays debut on the stock exchange of shares, suspicious of information that have been advanced by the bank that handled the transaction, problems with transactions in securities on the first day and the sharp devaluation of the shares in the following days.
Facebook came into stock worth $ 38 and devalued 20% in the first three days on the market. On Wednesday, the day began to recover slightly.
Facebook, the world's largest social network with over 900 million users, debuted in the New York Stock Exchange last Friday, with the starting price of $ 38 per share.
The decline since the markets seem to agree with analysts who argue that the value of that social networking is being overvalued.
The last week has been hectic for the founder of Facebook. Besides the company's entry into purse, Mark Zuckerberg married his longtime girlfriend, Priscilla Chan, 27.

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