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[One to watch] Facebook drops from £66billion to £35billion

Facebook’s value has almost halved since its floatation – as more investors offloade...
Newstalk
Newstalk

13.00 18 Aug 2012


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[One to watch] Facebook drops...

[One to watch] Facebook drops from £66billion to £35billion

Newstalk
Newstalk

13.00 18 Aug 2012


Share this article


Facebook’s value has almost halved since its floatation – as more investors offloaded their stock today.

Shares plummeted below 20 dollars again, to a new low.

When the social networking giant was first listed in May, it was valued at around 66 billion pounds – that’s tumbled to around 35 billion.

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