Lessons for Retail Investors From Facebook's Wobbly IPO

Facebook shares continued their swoon today, closing another 8.6 percent down after ending yesterday down 11 percent as investors continue to unfriend the stock. Facebook shares closed Tuesday at $31.12 after briefly reaching $30.94, its lowest yet. Mark Zuckerberg's shares, which number 503.8 million after he sold 30 million shares in the IPO, lost over $2.1 billion in value in Monday's close of $34.03 from Friday's ending price of $38.23. Those excited retail investors investors who bought...Full Story
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