Facebook Stock Continues to Plummet

Episode 902 (03:19)

Facebook's stock value continues to plummet since it's initial product offering. A series of bad moves including heavy fines from a court case, early investor sell off, and the announcement that Facebook isn't making what they said they would from advertising, have all contributed to Facebook's slide. Early investors are dumping shares since the "lock out" from selling ended this week. Will Facebook end up being a "penny stock?" Business Insider Henry Blodget has an interesting article as to why Facebook's stock price is declining to rapidly and why it won't be the next Google.

Judge Rejects Facebook ‘Sponsored Stories’ Lawsuit Settlement...
http://www.wired.com/threatlevel/2012/08/facebook-settlement-rejected/

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