Mark Zuckerberg’s Facebook Stock Takes A Hit
Tough morning for Zuckerberg — after a lackluster debut … Facebook stock is sinking like a stone this morning … down more than 11% from its opening price.
As of 7:32 AM PDT … FB had fallen to $33.97 per share … down $4.26 from its closing price on Friday.
According to MSN.com, the stock was down as much as 14% earlier in the morning.
FYI — Facebook debuted at $38-per-share … and many hoped it would explode. It didn’t.
Of course, we’re still a long way from the closing bell … and a lot could happen — good or bad.
Stay tuned …
Elite.