Facebook Stock drooped to Hits a New low price

26 July, 2012 Social Networks

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Facebook beat the Street's estimates for the Q2, 2012 results as investors were expected more.

 

In after-hours trading, Facebook's stock dipped below $24 which is a new low for the stock, The price was in mid-May $38. Trading in afterhours fell more than 10% after a day in which the stock had already fallen 8.5%. which cause a total of 18.5% fall in just two days. Things are not looking good !

 

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Josephws
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