Facebook has "evaporated" lost $ 20 billion

Facebook stock price has dropped to 18% that the market value of the largest social networking world continues chong set to "evaporate" nearly $ 20 billion. This fact reflects the deep frustration of the market with an IPO which is expected of Facebook.

 >> A week of unforgettable special "boss" Facebook

 Facebook >> beginning "floor" not favorable

On 22/5, the investors found out viec lam dau khi the bank guarantee of delivery of Facebook has information contrary to what was published before the IPO takes place.Meanwhile, the Nasdaq continue to analyze these problems they encounter with the IPO of this site took place on 18/5 and the Nasdaq was losing money due to technical problems filing a lawsuit to federal court . But Wall Street is still debate how to correctly assess the social media company is extremely popular but this young.

As a result of Facebook's stock currently stands at $ 31, down to 18% over the IPO price 38 USD in the first trading viec lam day. This fact intensified the criticism that Facebook's stock price was too high and advertising "hype" excessive values.Facebook's market value has evaporated nearly $ 20 billion, from 104.1 billion in the first day on the floor now to about 84.9 billion dollars.

Facebook stock price continued to fall on the floor on the 3rd day

In the session on 23/5, stock prices continued to fall deeper Facebook, and only lost 25 cents at $ 30.75 threshold.

According to those familiar with the problem, the guarantee along with Goldman Sachs, Morgan Stanley has reduced camera quan sat revenue projections before Facebook's IPO took place later. The reason is that earlier this month Facebook had asked the SEC to amend the information prospectus to issue camera quan sat  shares to the public. In this document, Facebook has warned that the rapidly growing database of mobile users could affect its sales and this information is not publicly available for small investors Retail camera quan sat  stocks on the floor before. The broker had bought too much Facebook stock becomes dissatisfied because they were holding too much stock in this company while not being aware of the changes in the forecast.

Accordance with the U.S. Securities and Exchange Commission (SEC), the insurer is prohibited public debate about the IPO, but they engage experts reanalysis permitted to discuss their views with customers in place during the program outline business strategy, investment plans (roadshow) ahead of IPOs that took place. Reuters has a report exposing the previous analysis viec lam  shows JPMorgan Chase has also adjusted its predictions.

On 15/5, Facebook's share price is expected to range from 34 USD to 38 USD and finally was set at a maximum of 38 viec lam  USD. Morgan Stanley and Bank leadership has ignored all his Facebook discourage other investors from deciding to expand both in volume and price of its stock before the official floor.

Analysts call the combination of two unusual move. Specialist Daniel Ernst at Hudson Square Research said that the move "has created an unnatural force" for stock "have separated themselves from the basic principles."

Meanwhile, CEO Bob Greifeld of Nasdaq yesterday acknowledged the problems caused by the system of orders received at this floor had been overloaded by a large number of orders canceling the transaction and price adjustment in delivery date The first translation of Facebook stock that stock viec lam  investors are unable to complete their deal. He stressed to investors that this was the largest IPO in history took place at the same time last week while on Nasdaq to handle more than 570 million shares. That is why even the first day of Facebook shares on the floor, the transaction has been delayed for nearly an hour by technical errors.

The confusion about the size of the position is said investors also contributed to the sell-off wave of Facebook today 21/5 when some investors found themselves holding shares in the hands of many of the company more than they want.

Today 22/5, a group of investors filed a lawsuit collective Nasdaq stock exchange charges to incidents occurring viec lam  transactions took place during the IPO of Facebook that they were unfairly lose money when the price Facebook shares fluctuate sharply that day. Meanwhile, the Nasdaq said they can not promise to customers that will compensate the damage caused by their system.

In a separate incident, Glancy Binkow & Goldberg LLP, a law firm based in Los Angeles (USA) filed a lawsuit against Facebook and the bank guarantee for IPOs of Facebook. This law firm representing investors in the IPO victims of Facebook, said the document provided to potential investors prepared carelessly and did not disclose the information on the original business, the business activities and prospects of Facebook. The Facebook has not made any comment on this issue.For now, the future of Facebook shares how it was unknown before.