Facebook Stock Is Now Half-Off

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Facebook CEO Mark Zuckerberg pauses as he delivers a keynote address during the Facebook f8 conference on September 22, 2011 in San Francisco, California. Facebook CEO Mark Zuckerberg kicked off the conference introducing a Timeline feature to the popular social network.
Facebook CEO Mark Zuckerberg pauses as he delivers a keynote address during the Facebook f8 conference on September 22, 2011 in San Francisco, California. Facebook CEO Mark Zuckerberg kicked off the conference introducing a Timeline feature to the popular social network. Photo: Justin Sullivan/Getty Images

Here’s an eye-catching data point to start your weekend: Facebook stock is now trading around $19, or half of its $38-a-share IPO price. For more substantive Facebook coverage than the 475 articles that will be written about this arbitrary and ultimately meaningless threshold, read this entire thing by Henry Blodget.

Facebook Now Half-Off