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Facebook's stock only dropped around 20%, while its market cap. dropped by 35%! Why is this?
10-15-2012, 08:56 PM
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Geoff Joko Offline
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Facebook's stock only dropped around 20%, while its market cap. dropped by 35%! Why is this?
Originally, facebook traded at 38 dollars a share. Now it's around 31.5 dollars a share (around a 20% drop)

Facebook opened originally with a valuation of 104 bilion... now it's down to about 66 million. That's a 35% drop!

I don't really understand the stock market that much; how could the value of a company go down more percentage points than the company's stock?
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Facebook's stock only dropped around 20%, while its market cap. dropped by 35%! Why is this? - Geoff Joko - 10-15-2012 08:56 PM
[] - Joe - 10-15-2012, 09:05 PM
[] - scobranchi - 10-15-2012, 09:05 PM

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