USA - Voice of America: Facebook Stock Plunges in Second-Day Trading

USA - Voice of America usa

Facebook Stock Plunges in Second-Day Trading May 21st 2012, 19:17 The price of shares of social-media giant Facebook plunged on its second day of stockmarket trading. Investors quickly started selling the stock on the Nasdaq exchange Monday, sending the price of Facebook shares down 13 percent in the first hour. It later regained some strength, but still was down more than 10 percent in midafternoon trading at below $35 a share. Facebook shares traded publicly for the first time on Friday, when they edged up to $38.23, 23 cents above the initial ... Media files: 403400A9-5057-4FDC-B071-14437BA2A8B4_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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