Shares of social networks are becoming cheaper fifth consecutive day after the disastrous financial report.
After the fall of stocks below $ 20 Facebook founder’s largest social network of the world Mark Zuckerberg dropped out of the list of the ten richest billionaires in the technological sphere.
Status Zuckerberg dropped to 10.2 billion dollars after the Facebook campaign on Thursday, lost 4% and fell below $ 20.
Now 10th in the ranking is tehnomilliarderov James Goodnight, founder of SAS, which develops software technology and applications.
1st place ranking still holds Microsoft founder Bill Gates, whose fortune is estimated at 61.6 billion dollars
Shares Facebook cheaper fifth consecutive day after the disastrous financial report and investigation Bernstein Research, which states that a fair price to Facebook – $ 19 per share (in the IPO shares were priced at $ 38 apiece).
Prior to this bar close on Thursday for the first time Facebook shares fell below $ 20 on a background of negative expectations on the sale in the company of their packages. They have since August 16, ends a period of restrictions on the disposal of their packages, so that in the period from August to November, the market may appear more than 1.8 billion of additional shares of the company. In general, the IPO market capitalization Facebook declined by almost $ 50 billion