Tuesday, August 21, 2012

Facebook lost half value since it came into Stocks

Facebook has lost half its value since his debut on the stock exchange, on the 18th of May.

At the time, the actions of the social network debuted be worth $ 38, which assessed the company at 100 billion dollars, a figure that analysts always questioned and suggested to be exaggerated, given its revenue sources. Now, the shares are worth less than $ 19.

The one who promised to be the Initial Public Offering (IPO), turned out to be a disappointment. The fall in stocks, which has been consistent since the beginning, was accentuated when he finished the first lock up (investors who acquired shares before the IPO were required to keep them for a certain period). Once the shares were unlocked, last Friday, many took the opportunity to dispose of the securities.

With accumulated falls between the end of last week and this Monday, the Facebook IPO becomes the second worst ever, behind Zynga.

Facebook has played this Monday the lowest ever in $ 18.75 per share, which translates into an assessment of grantee 45,460 million. Now, follow the actions falling 0.24% to $ 19.01.

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