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Author Topic: Facebook News Ideas and Help Facebook shares dip below $20 for first time  (Read 34 times) Share

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Facebook shares dip below $20 for first time

SAN FRANCISCO (Reuters) - Shares of Facebook Inc dipped below $20 for the first time on Thursday, pummeled by growing doubts about its growth prospects, a string of recent executive departures, and the August 16 expiration of a lockup period on insiders' share sales. The stock hit a low of $19.91 in heavy early afternoon trading. It has now lost almost half its value since debuting at $38 in May ...

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