Facebook stock drops below $20, All-Time Low
Facebook, world’s largest social network, with over 845 million has reported stock dipping, all-time low of $19.99 a share. It turns to be pretty bad as the social-network company’s stock price at half the value of its offering price of $38. Facebook’s stocks have been dropping since it reported second-quarter earnings last week. The valuation of Facebook has tumble to around $38 billion from $100 billion-plus valuation since the company went public, according to Yahoo Finance.
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