Facebook shares sag as investors, analysts question future
Facebook shares are down today, spelling some possible erosion in the stock price heading into the rest of the week of trading.
Shares in the big social network are down 3.5 percent today to $30.13 in early trading. The company's stock ended the day yesterday at $31.24, up significantly from the company's 52-week low of $17.55. That rally has been due to Facebook's ability to gain traction in mobile and reassure investors that it could continue to grow.
The company went a long way in making its case yesterday, reporting better-than-expected fourth-quarter earnings. … Read more