. Although Facebook (FB)Â met expectations in its first-ever earnings report on Thursday, the reaction from investors has been decidedly ugly so far. By the end of trading on Friday, the company's stock price had dropped by 117% to close at $23.70, or about half the value of its 52-week peak of $45. Making things worse, Facebook's big slide came on a day when the NASDAQ closed up 2.24%, meaning Facebook can't plausibly blame its slide on weak U.S.
Boy Genius Report , Facebook's stock is tanking â€" did investors get played by big banks?, Facebook's stock is tanking â€" did investors get played by big banks?
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