Tuesday, May 22, 2012
Can Facebook fall any further? More woe for Zuckerberg as experts say 'there's no bottom' to how far shares could plunge | Mail Online - Facebook has suffered a serious blow to its glittering reputation when its share price slumped by more than 10 per cent in just two days of trading since the firm's landmark IPO last Friday. And the pain could continue for the social network, as many analysts predict its value will continue to fall in the wake of the much-hyped but shambolic initial public offering of 421m shares. It means Facebook founder Mark Zuckerberg, who made $19bn on Friday has since lost $2.055bn in the three days since.
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