Facebook stock price continued to fall on Tuesday, reaching $31.65 per share, a 16.6 percent decrease from its IPO price of $38, last Thursday.
The stock took a sharp dive at approximately 9:30 a.m. EST, but soon after was seen rebounding and reaching $33.57 at approximately 11:30 a.m.
Trading was once again massive, with more than 40 million shares traded as of 1 p.m. EST.
Some media agencies are reporting that Facebook's downward slip shouldn't have caught people off-guard for several reasons including being conscious about the Euro Zone's current crisis and struggle to keep the finances afloat and the fact that last week was several markets' worst week in performance so far in 2012 (source: CBS), without counting Facebook's IPO.
If Facebook stock continues with this downward trend then Mark Zuckerberg will have to do something to remediate it.
On what areas of the social media giant should Zuckerberg work on to show investors that Facebook is a safe bet and revert what may be a continuous southbound stock trend?
1. Create new Facebook business models that may help the company cash-in from several new venues (the Zynga-Facebook model was successful, now more of such are needed)
2. Develop the Facebook mobile app to help the company monetize in the mobile world, an exponentially growing market
3. Improve Facebook services. FB cannot simply stay behind in the social media race. Google+'s is providing great services (i.e. 'hangouts', 'trending topics') and makes Facebook all of a sudden look not-so-great.
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