Sunday, 29 July 2012

Facebooks value slides by 10 billion outlook unclear

Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments would put future earnings under pressure.

Source:
http://www.reuters.com/article/2012/07/27/us-facebook-research-idUSBRE86Q0ID20120727

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