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Why Facebook's Stock Is Tanking

Why Facebook's Stock Is Tanking
By 

Technology Editor, HuffPost Tech

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The electronic screen on the front of the Nasdaq stock market announces the listing of Facebook shares that begin trading, Friday, May 18, 2012 in New York. The world's definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion. (AP Photo/Mark Lennihan)

The answer may lie in Facebook’s dominant role within the digital sector: it’s the industry’s marquee business and its most-watched IPO ever. While initial bad news for a smaller company might have been attributed to opening-day jitters, Facebook’s dreary debut was seen as a death knell for the IPO market, and for the digital revolution writ-large.

Read more on The Daily Beast

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