Facebook stock extends decline after price target cut
Linkedin

Facebook stock extends decline after price target cut

Bangalore : India | Aug 31, 2012 at 8:09 AM PDT
Source: International Business Times
XX XX
Views: Pending
 
Shares of Facebook Inc fell 4.5 percent to a new low on Friday after BMO Capital Markets cut its price target on the social networking company's shares, saying several lock-up expirations over the next year will weigh on the stock. BMO Capital Markets, which cut its price target by $10 to $15, said Wall... FULL ARTICLE AT International Business Times
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
Advertisement
 
Advertisement
 

News Stories

 
  • Weekly changes in Facebook stock prices

    Seattle Post Intelligencer
    On its first day of trading, Facebook Inc.'s stock closed barely above its public offering price...Since then, the stock price fell for 10 weeks and increased for five. Here's are the closing prices each week since the first day of trading on May 18:...
  • Facebook hits new low after price target cuts

    The Globe & Mail
    CEO Mark Zuckerberg is escorted by security guards as he departs New York City's Sheraton Hotel May 7, 2012 Reuters Market View The falling price of Facebook's stock is seen on a screen reflected in the window of the Nasdaq building in New York...
  • Facebook stock hits new low on advertising worries

    Los Angeles Times
    Facebook's sagging stock hit a new low Friday on concerns of a slowdown in spending on advertising. The social networking site's shares were down 68 cents, or 4%, to $18.41 in early trading on Wall Street. Facebook's shares have languished since its...

More From Allvoices

 
Tap_logo_330_110_event
 


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.