OMX News
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
OMX Galleries
|
|
