THE SYDNEY MORNING HERALD: Facebook's beleaguered stock has lost more than half of its value since its initial public offering three months ago.
Facebook Inc hit a new low of $US18.75 before bouncing back to $US19.01 - down 4 cents - in morning trading on Monday.
The social networking icon's much-anticipated IPO turned sour amid technical problems on the Nasdaq stock market and high expectations.
The stock has not surpassed its $US38 IPO price since its first trading day. » | AP | Tuesday, August 21, 2012
