Facebook Stock Hits New All-Time Low Of Less Than $20

Posted on Aug 2 2012 - 6:55pm by Editorial Staff

The social giant today going through one of big trauma that we believe it had not planned for: Facebook’s stock has dipped below $20, an all time low and even about half its price since from the time it went public. The company recently announced its second quarter results with barely meeting expectations although the giant not provided the future guidance during the recent earning call. The problem is still with share price numbers but still the company having an impressive active user base of 900 million users worldwide (with not to forget 8.7 percent of accounts are fake). Well, it will be a big shock of hundreds of thousands of people who had invested, still investing and who are keeping a close eye on Facebook share price move.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.