Facebook shares fall below placement price

Immediately after Facebook entered the stock exchange, the company's shares quickly rose in price, to about $ 41 apiece. At the same time, during the placement of shares, they were valued at $ 38. Despite the initial hype, the company's shares began to fall in price, and soon experts already began to predict the fall in the value of Facebook securities below the placement price. Despite all attempts to prevent such a development of events, the price nevertheless fell.

So, now the price of the company’s shares is a little over $ 35 apiece (I remind you that at the time of the placement the share price was $ 38 apiece). This state of affairs, of course, cannot be liked by the company's management, but so far the trend remains the same. Experts believe that all this is a consequence of a very high price of accommodation. After all, this social network has estimated itself at $ 100 billion, although there are simply no special prerequisites for such a high price.

Nevertheless, in the near future, Facebook and partners of the social network in the person of some banks and investment funds will try to rectify the situation. Probably, the company will demonstrate excellent success in the field of making money, and especially in the sale of advertising. If investors are encouraged, then it will be possible to talk about the possibility of increasing stock prices.

It is worth noting that more than 900 million people are already registered on Facebook (according to the leadership of this social network). The number of Facebook users is gradually growing, and it's hard to say how long this growth will last. Nevertheless, the achievements of the social network, as we see, are not a guarantee of success when entering the exchange.

Via mashable