Techvegeℜ: public company

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Saturday, July 28, 2012

Facebook's market value fell $ 10 billion

5:06 AM ceo, facebook, failed, markey, public company, share, social network, stock, stock exchange No comments

Investors have reduced the value of Facebook at $ 10 billion on Friday (27/04), leading the newly listed shares to a new low. According to Reuters , a drop of 17% of the shares led the market capitalization of Facebook for U.S. $ 48 billion, less than half the value of launching the Initial Public Offering (IPO, in English) of U.S. $ 100 billion, in May. The latest crash cost the chief executive Mark Zuckerberg, about U.S. $ 2.3 billion,...

Facebook announces first results as a public company

5:09 AM ceo, cost, exchange, facebook, mark zuckerberg, mobile, Nasdaq, public company, share, smartphone, social network, stock, tablet, technology No comments

The Facebook released its first quarter earnings report since it became a public company when it launched its shares on the Nasdaq stock exchange technology. The social network claims revenue of $ 1.184 billion, representing an increase of 32% over the same period last year. In total, Facebook had a net loss of $ 157 million, or $ 0.08 per share, in the second quarter due to costs related to its initial public offering. Most of the revenue...