Welcome to life as a public company: Facebook stock has dropped to around $20 a share, almost half its IPO price. It’s a rough time out there for social-networking stocks, including game maker Zynga, but Facebook’s slide is eye-popping.
Facebook stock has dropped to around $20 a share, almost half its IPO price. The social networking company has seen its valuation tumble to around $38 billion (according to Yahoo Finance). The stock market has soured on social networking stocks including Zynga which now trades for $2.71 a share and has a market capitalization of $2.08 billion.
Via: GigaOm
In 2025, cybercrime stopped looking like a technical problem and started behaving like a systemic…
India is currently conducting trial runs for its first hydrogen-powered train, which is scheduled for…
The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…
The modern enterprise security landscape is getting more complex by the day, with organizations facing…
As India steps into 2026, infrastructure development is no longer just about concrete, steel, and…
The Tech Panda takes a look at recently launched gadgets & apps in the market.…