Facebook has already lost almost half of its value since its debut in the stock market last May 18. On August 16, its stock hit an all-time low of US$19.69, and ended the day 6.3% lower at $19.87, according to BBC. This was triggered largely by company insiders dumping their shares as the first locked-up period, which stops sales by early investors, ended. Concerns have also been raised about Facebook’s revenue streams. Facebook’s biggest challenge now is to raise revenue out of mobile devices.
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