Early Start's new website

Head to http://www.cnn.com/shows/early-start for your news.

 

 

 

May 22nd, 2012
09:23 AM ET

MYB: Rough start for Facebook stock

In today's "Minding Your Business," Christine Romans explains that it's been a disappointing start for Facebook's IPO investors.

The company's stock has gone down 19% since the IPO launched last week, and yesterday alone, the stock dropped 11% despite the fact that most other stocks were up.

Romans explains  that for every dollar lost in the stock price, Facebook CEO Mark Zuckerberg loses about $534 million dollars.

Posted by
Filed under: Facebook • Minding Your Business
soundoff (No Responses)

Post a comment


 

CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.