Friday, July 27, 2012

Facebook's value slides by $10 billion; outlook unclear


http://www.reuters.com/article/2012/07/27/us-facebook-research-idUSBRE86Q0ID20120727

Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments would put future earnings under pressure.

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