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Facebook’s market capitalisation continued to be challenged by persistent scepticism
Tuesday, 22 May 2012
The social network, Facebook continue to see its stock price continued
to fall during Tuesday pre sales. This follows the collapse of 11
percent the day before.
By 14:45pm Swedish time, its shares had fallen by 3.3 percent to 32:90
U.S. dollars, compared with the introductory price at Friday's IPO of
Price drop means that Facebook's total market capitalization has fallen
from around 104 billion US dollars to over 93 billion US dollars, or
about Skr660 billion.
By Scancomark.se Team
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