Facebook Seen Dropping 20% to Gain Parity With Nasdaq Web Rivals – Bloomberg
 Bloomberg |
Facebook Seen Dropping 20% to Gain Parity With Nasdaq Web Rivals
Bloomberg The stock would have to dive to $ 23.07 to match the average price-to-earnings ratio for the Nasdaq Internet Index based on estimated earnings in the next 12 months, according to the data. Investors have pummeled shares of Facebook since its initial … Facebook Inc (NASDAQ:FB) Lawsuit Alert: Investors in Excess of $ 1M in Losses … |
