Facebook has been halved

This just happened

Facebook has fallen to $19.

That is exactly 50% from its IPO price of $38.

(It ended by bouncing a couple pennies, so the close is a little more than half, as you can see below)

Not much more to say.

But if you’re a Facebook employee depressed about this, then read this post by Henry Blodget.

Here’s a chart, via Yahoo Finance…

 

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About Nlyten

I have always been a tech enthusiast, to the point where i have become an addict. Tech to me is crack; Always trying to get my fix every chance i get ! I have always loved sharing anything that fascinates me which again 90% of the time is about tech related content. I used to share content on Google Reader Shared pages (http://www.google.com/reader/shared/surdie) but after their not so brilliant idea to shut it down i felt i needed a new platform where i could share and distribute content and thats how Nlyten.com came about. So keep reading and get Nlyten ed !

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