Facebook Stock Down More Than 50%, Schadenfreude Still Rising

8-31-2012 2-54-20 PMFacebook stock has reached a new low following news that analysts at Bank of America/Merrill Lynch and Bank of Montreal have lowered their price target for the stock. "Revenue pressure from growing mobile usage, a larger-than-expected social gaming revenue slowdown, higher spending and lock-up expiration are overhangs that, in our view, will continue to impact [...]

Source: http://consumerist.com/2012/08/facebook-stock-down-more-than-50-schadenfreude-still-rising.html

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