On Tuesday, the stock price of Facebook Inc. has reached a new record low. Two negative comments from analysts were crucial to the case of facebook stock price.
The shares of Facebook Inc. on Tuesday reached a new record low. Responsible for the continued decline were the same two negative comments from analysts. One came from Morgan Stanley. He was regarded as lead manager of the Facebook IPO.
In the top titles of Facebook finally slumped in New York trading from $ 17.55 to just U.S. dollars. At the close of trading at $ 17.73, they finally ranked and thus 1.8 percent lower than the previous lowest closing price of the social network. Facebook stock price went with an issue of $ 38 on 17 May on the stock exchange.
The target Facebook stock price for the next 12 months, Morgan Stanley has been corrected from previously 38 to only $ 32. The reason it was pointed out that it will not succeed in Facebook may generate revenues that meet the expectations. The number of users who use the social network via mobile phone or tablet is growing gradually. This segment includes advertising placements make less.
The shares of Facebook Inc. on Tuesday reached a new record low. Responsible for the continued decline were the same two negative comments from analysts. One came from Morgan Stanley. He was regarded as lead manager of the Facebook IPO.
In the top titles of Facebook finally slumped in New York trading from $ 17.55 to just U.S. dollars. At the close of trading at $ 17.73, they finally ranked and thus 1.8 percent lower than the previous lowest closing price of the social network. Facebook stock price went with an issue of $ 38 on 17 May on the stock exchange.
The target Facebook stock price for the next 12 months, Morgan Stanley has been corrected from previously 38 to only $ 32. The reason it was pointed out that it will not succeed in Facebook may generate revenues that meet the expectations. The number of users who use the social network via mobile phone or tablet is growing gradually. This segment includes advertising placements make less.
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