Web Sify
Follow us on
Sify.com » Topics » Facebook
Facebook News
The sun sets on the entrance sign at Facebook's headquarters in Menlo Park the night before its IPO launch
Facebook shares plumb new depths, below $30 a share
By Alistair Barr SAN FRANCISCO (Reuters) - Facebook Inc shares slid b elow $ 30 to a new low on Tuesday as nervous investors fled the company's shares, concerned about the social network's long-term growth prospects and an initial offering price that in retrospect may have been too rich. Shares of Facebook fell nearly 9 percent to $29.05 in midafternoon trade, an all-time low. The eight-year-old
Facebook Galleries