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Mark Zuckerberg

Facebook Stock PLUMMETS

5/21/2012 7:26 AM PDT BY TMZ STAFF
breaking news

0521_mark_zuckerberg_facebook
Tough morning for The Zuck -- after a lackluster debut ... Facebook stock is sinking like a stone this morning ... down more than 11% from its opening price.

As of 7:32 AM PDT ... FB had fallen to $33.97 per share ... down $4.26 from its closing price on Friday.

According to MSN.com, the stock was down as much as 14% earlier in the morning.

FYI -- Facebook debuted at $38-per-share ... and many hoped it would explode. It didn't.

Of course, we're still a long way from the closing bell ... and a lot could happen -- good or bad.

Stay tuned ...

152 COMMENTS

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1.

Cheryl A.    

Facebook waited about 9 years too long to go public.

851 days ago
2.

Flying Blind    

Take a rock, write "Facebook" on the rock. Now go outside and drop it in a lake. There children that's how it works.

851 days ago
3.

Please!!!     

LOL OOOoh No hahahaha

851 days ago
4.

Jack    

Good thing he married a doctor because he's probably feeling a little nauseous this morning. She can also pay the bills if the stock goes to $0.

851 days ago
5.

Babydoll0630    

Good, I hope it continues. FB is so full of crap. They use the info you put in to advertise to you. And what social networking site do you know that doesn't let you actually delete your profile???

851 days ago
6.

Crunkatlanta    

some rich folks driving the price... get rid of the suckers...that will sell- they will buy up all their shares.
as for what he married- can't satisfy everybody- ZUCK if that's what you like and love ... ride with it .

851 days ago
7.

LeeMoney    

FB's IPO is a joke and always was...you're a fool to think FB is some tech giant-They provide a very simple service and can and will be repeated by someone else.

851 days ago
8.

Jordan    

How surprised can you be Mark has 2 ways of making facebook money for investors making everyones facebook page full of advertisement or make people pay to use facebook, remember GM their biggest account pulled out right before they went public facebook is going to loose before it makes money.

851 days ago
9.

Jordan    

Kids teenagers and people in there 20's dont want to use facebook knowing that there parent and grandparent are on the site.

850 days ago
10.

Don't feed the Trolls    

I never click on any ad's from FB.

850 days ago
11.

SpitBall    

It's ZUCKERBERG, not SUCKERBERG. He should be congratulated for pulling off a slick IPO, and making billions for himself and his friends. Now, all the suckers out there who thought they were buying the future Microsoft or Apple are left to sort themselves out. Brilliant.

850 days ago
12.

Beaners    

This IPO was doomed from the get go! This isn't a Technology stock, Facebook simply leverages technology to bring users to a centralized webite (big deal) with the HOPE people click on the links to the advertisers. This is a over rated FLASH in the pan and will fizzle quickly with a number of people out $$ thinking this was the "New Sliced Bread" which it isn't because it has nothing to offer.

850 days ago
13.

amsjll    

They said this would happen on every money & business show on tv and online. Its quite normal for things like this. The Mad Money guy said anyone who bought opening day was an idiot because they could wait a couple days and buy it at a bargain.

850 days ago
14.

BadCoworkers.com    

in that picture, zuckerberg looks like someone stole his kippah. just buy another zuck.

850 days ago
15.

jr.d    

I can't believe that people still belong to FB. It is such a colossal invasion of privacy masked as social media. It causes depression and is a haven for drug dealers, future rapists and burglars. It is also a baby sitter for state workers.

850 days ago
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