First, Facebook will likely have a tough rival for the social networking site later, after Microsoft officially launched its social networking site that has a mention of Social So.cl on Monday (21/05) yesterday. Then, on the same day, the stock fell 11% up on the Nasdaq. The fall of Facebook shares on the stock exchange is expected to make as much money out Zuckeberg USD 2.1 billion USD or the equivalent of USD 20 trillion.
At the close of trading Monday, the stock fell and closed up at U.S. $ 34 per sheet. Earlier, the stock opened up at a price of USD 38 per sheet, it indicates the stock slid up about 11%. Even before the official close of trade, the stock could fall up to 13%.
Facebook actually managed to earn USD 16 billion in its IPO yesterday and they also had to sell 421.2 million shares at a price sheet USD 38. This makes up a record as the largest technology sector IPO in history. However, Monday's trading is really unsettling investors Facebook. The decision to sell their shares immediately or wait for them to worry.
Facebook employs more than 16 financial firms to manage their funds in the stock market, one of leading financial firm Morgan Stanley. According to analysts, this is the fault of the fund manager up too aggressively in the stock market and make the selling of shares Facebook too expensive so it is not very attractive to investors.
Besides Zuckeberg, two colleagues who helped set up Facebook Zuckeberg namely Eduardo Saverin and Dustin Moskovitz is also expected to lose millions of USD. Eduardo Saverin is now a Singapore WN out USD 230 million while Moskovitz loss of USD 580 million. Total losses Zuckeberg, Saverin and Moskovitz was USD 2.91 billion and that makes it painful is all out in just one day.
Highly anticipated, what strategic steps up to face this problem. According to your own, whether Facebook will be able to raise again the value of their shares?
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