Facebook Trades @ $19.85. Is The Party Over?
Facebook's stocks prices have been falling like an a stone dropped from Eiffel Tower. The Facebook stock has just reached all time low, below $20. Check the screenshot -
It's currently at $19.85 and I'm wondering whether the party is over for Facebook. The drop is ~45 lower than what it was at the launch. TechCrunch even mentions that the overall worth of Facebook now is lesser than what Microsoft offered to acquire Yahoo back in 2008.
It looks like Facebook is rapidly losing investor's confidence. The company has no apparent plans of growing their revenues, purely based on Advertisements. The analysts even say that the price may hit below $16.
Looks like FB team will have to find out newer ways of growing revenues and building the investor confidence.
By the way, do you think the party is over?
It's currently at $19.85 and I'm wondering whether the party is over for Facebook. The drop is ~45 lower than what it was at the launch. TechCrunch even mentions that the overall worth of Facebook now is lesser than what Microsoft offered to acquire Yahoo back in 2008.
It looks like Facebook is rapidly losing investor's confidence. The company has no apparent plans of growing their revenues, purely based on Advertisements. The analysts even say that the price may hit below $16.
Looks like FB team will have to find out newer ways of growing revenues and building the investor confidence.
By the way, do you think the party is over?
Replies
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Anil JainI second you, Party is over for them.
They are running out of ideas what to do, both in strategies and features.
-CB
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