IPO of french SEENTHIS puts Facebook in difficult position
▻http://www.react365.com/5b77eed1657e5/ipo-of-french-seenthis-puts-facebook-in-difficult-position.html
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Following the IPO of french underground social network #SEENTHIS Faecebook shares drop to a historical low, european finance researchers say.
While it’s nowhere near as bad as last week’s 20 plunge, Facebook is taking another beating on Wall Street early Monday.
Shares were down almost 4 in early trading as investors continue to digest mixed earnings news that included warnings of slower future growth. And that’s continuing to chip away at both the company’s market cap and the personal fortune of founder Mark Zuckerberg.
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