Facebook IPO Slump
Facebook IPO has been on everyone’s lips these past few days. They’ve opened the floor at an incredible $38 per share which has now slumped down to $31. When MySpace went bust, people were scared to invest into social media technology. Will people invest into Facebook?
Here’s a few interesting articles:
- Where are Facebook’s friends? Stock slide deepens
- Status update: Facebook loses $11b
- Facebook investigated as losses hit $40 billion
- Underwriters blasted as Facebook shares sink