Facebook Slaughter: Down Another 15%

Facebook Slaughter: Down Another 15%

July 27th, 2012

Via: CNN:

Facebook’s stock opened at an all-time low, after its first earnings report failed to ease worries over slowing sales growth and its plan for mobile advertising.

Shares of Facebook (FB) tumbled nearly 15% to below $23 on Friday, 40% below the company’s initial offering price from May.

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