Facebook's Value Drops 3rd Time In A Row, To $80 Billion
Facebook's value fell for the third time in a row, to $75 billion. An auction closed on SharesPost yesterday at $30 per share.
Facebook’s value fell for the third time in a row, to $80 billion, as an auction closed on SharesPost yesterday at $32 per share.
The $75 billion valuation assumes Facebook still has 2.5 billion outstanding shares.
The previous auction had closed at $32.10 per share, valuing the company at $82.25 billion in late September.
And the auction before that finished at $33 per share, ending what had been a plateau at $35 a share for three auctions in a row.
So
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