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What's Next For Facebook?
ResumeShares of Facebook hit a new low Monday of $18.75 — about half of the initial public offering price back in May.
The price bounced back to $20.01 by the time the market closed, but analysts say the stock could fall further as early investors are allowed to sell millions of their shares over the next several months.
Facebook is trying to show that it's still innovating and growing, but Wall Street wants to see faster revenue growth.
Guest:
- Jon Erlichman, senior west coast correspondent for Bloomberg TV and co-host of Bloomberg West
This segment aired on August 21, 2012.