TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

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

No Avatar

Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7
91.

FATj2112    

Mark Zuckerberg...Wadda sh*tbag!!!
GOOD!!! He can burn in hell!!!!

830 days ago
92.

ezyramone    

glad i didnt invest as for as his wife shes hot he should of had a 100 million dollar wedding

830 days ago
93.

Weirdracin    

Facebook is a big farce in terms of investment. Its 15% actual profit making biz and 85% Virtual advertisement profit. As and investor, I would not buy into something that's based off such a big chunk of virtual ads. Not only that, they have no watchdog to review their actions of how they operate their database that is maintained to keep track of the ads being seen or clicked.
As an advertiser, I would want real data on who seen it, but that would go against facebooks terms to not disclose people info. So they charge the advertiser a fee to list their ads for a certain amount of time, they also charge per time its seen and then they charge when its been clicked and redirected to the advertisers. This tracking info saved in their database can be Altered by them and they have no watchdog to check that. So with Virtual data Manipulation. they can bump up the numbers to charge the clients to pad their profits and how are the clients to check? If all advertisers left facebook like GM did, it would only be worth 15%!
A bit of a quote from one of my favorite anime GiTS, "Didn't place any value on electronic media, something that can be re-written.".
Not to mention the supposed members on Facebook are inflated. Full of multiple accounts, account for peoples pets(*like Zuck's dog), dead people, past charities and de-funked biz. Not all of them are on constantly. Facebook could have employees or outside sources using Bot programs to run thru fake accounts to also give false data.
You cant base the company off such a big 85% of NOTHING!!

830 days ago
94.

Joseph Barrentine    

i blame the timeline crap being forced on everyone and not optional.

830 days ago
95.

Tabitha    

V.I.P has performed some wonderful analysis and through this they have provided some compelling information, which has assisted me in the decision making process and now I have a better understanding of FB, check it out at, vippenn ystocksite . com

781 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7

Around The Web