Posted by Uncategorized | Posted on 23-05-2012 | comments: 0| Posted in
Several days ago Facebook made its IPO and for the first several days the price went up but yesterday it fell with 11% which made many brokers and traders very worried. The reason for the fall is mainly the fear in the investors that Greece’s economy will collapse and this will make European union very unstable so they decide to put their money in more secure things and at the moment, Facebook is not one of them.
Other problem that the analysers mention is that the investors got more than what they were expecting and therefore the price that they paid for the shares was overestimated.
What is going to happen with Facebook and will this be another internet balloon, we will have to wit and see.