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Tag Archives: Autompbile Tech

Is Facebook Too Big To Fail?


Facebook Stock Slide

With an initial public offering of $38.00 a share, a high of $45.25 a share, and a low of $18.75 per share, Facebook’s stock has been as rocky as a soap opera love affair. Today’s trading shows the current price per share is $18.96. However, with this slide, comes the calls for the company’s CEO and majority stock holder Mark Zuckerberg to step down. For some, it’s rather easy to gloat in the downturn of those who they perceive to be “well off” or “rich”. I however marvel in the fact that someone can take what seems to be a simple idea (sharing pictures, ideas, lives), apply the idea to a system that’s already invented (computer, internet), and turn it into a multi-billion dollar company. It really signifies the American dream.
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