. Half of all Americans think Facebook is a passing fad and the social networking site's expected asking price of $34 to $38 is too high, according to a joint poll conducted by The Associated Press and CNBC. A third of those surveyed think the company's expected value is appropriate, while 50% believe it is too high. Of those who invest in the stock market, 58% claimed Facebook was overvalued while nearly 3 out of 10 investors claim the expected share pricing is fair.
Boy Genius Report, Half of Americans believe Facebook is a passing fad
No comments:
Post a Comment