Edition: United States United States Select Region
Email: Passwd: or sign up free
One News Page
One News Page United States > Business > And Now Facebook Is Only Twice The Price Of The Average Hot Tech Stock...
Breaking News: US new-home sales drop 14.5 percent in March; worst sales rate in 7 months
Open news article

And Now Facebook Is Only Twice The Price Of The Average Hot Tech Stock...

Business Insider
Wednesday, 8 August 2012

And Now Facebook Is Only Twice The Price Of The Average Hot Tech Stock...In case you needed further confirmation of how insensitive investors were to price when it came to getting in on the Facebook IPO...

Even after falling 45% from its IPO, Facebook stock is still trading at more than twice the price of the average hot tech stock on a price-earnings basis.

Specifically, at $21, Facebook is...
0
shares
Share on FacebookShare on Twitter Comment
 

You Might Like


Other recent news in Business

On Earth Day, APPLE exec gets to core of environmental initiativeWall Street eases ahead of more earnings; Facebook, Apple, BOEING in focus
AEREO CEO Speaks Out About Supreme Court Case15 Apps For Your IPHONE That Are Better Than The Ones Apple Made
Apple vs. Samsung: GOOGLE agreed to protect Samsung against some of Apple's patent claimsApple’s feel-good EARTH Day campaign still includes a dig at Samsung
AMAZON Prime snares classic shows in deal with HBOAmazon's Sales Dropped By 10% In States Where It Had To Start Charging Sales TAXES (AMZN)
This Is What It's Like To Work For Billionaire MICROSOFT Co-Founder Paul Allen (Absolutely Fantastic)Putin Has Taken Control Of Russian FACEBOOK

Twitter


Comments

comments powered by Disqus

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2014 One News Page Ltd. All Rights Reserved.  |  About us  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+



Bullet: One News Page official news app for iPhone Bullet: Our news app for iPhone
-