Facebook continues to decline and is trading at $ 28.86 per share
Shares of Facebook, the world’s largest social network, today lost 9.56% of its value and traded at $ 28.86 per share, which differ considerably from the $ 30 barrier.
An hour before the close of Nasdaq Stock Market, where trades, the losses of the company’s shares ranged around 10%, far from the 38 dollars that were released on Wall Street May 18.
The titles of the social network that runs throughout Mark Zuckerberg had sharp declines last week in the Nasdaq market, and since its debut in the markets have already lost 24.56% of its value.
More than 100,000 contracts changed ownership during the first 75 minutes of trading on Tuesday on the Nasdaq, said that market through a press release.
Some investors, according to financial website optionMONSTER, “are turning to Facebook to keep the titles under $ 30 over the next three weeks.”
Category: Business News
