[QODLink]
Americas
Facebook share price continues to slide
Shares in social networking site now less than half float value just three months after making debut.
Last Modified: 31 Aug 2012 19:27

Facebook's share price continues to tumble, down from $38 in May when the social networking company went public to less than $19.

Many Wall Street analysts say the share was priced too high for the money Facebook was making.

Al Jazeera’s Scott Heidler reports from New York.

39

Source:
Al Jazeera
Topics in this article
People
City
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Featured
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.