What's going on with Facebook shares?

Interesting analysis by Expansión of the situation on Facebook's stock market, its starting price was 38 dollars and now its price is around 20 and it seems that it continues to fall.

Today the social network is worth just over 50 billion dollars. The company hits lows almost daily and trades below $ 22. In one year, it is estimated that your shares will not have recovered the starting price.

The IPO of the year has also become one of the most notorious failures in recent times. Facebook, which debuted last May at 38 dollars per share and a capitalization of 104,000 million dollars (about 84,668 million euros), fell on Tuesday from 22 dollars, which gave it a market value of 51,638 million dollars , behind groups such as 3M (63,538 million) and Caterpillar (54,693 million). At the end of this edition, its shares fell another 1.47%, to $ 21.4, with which its capitalization was, for the first time, behind that of Telefónica, valued at 41,974 million euros (equivalent to 51,553 millions of dollars).

Analysts consulted by Bloomberg estimate that the dotcom, which already has more than 955 million users in the world, should trade, within twelve months, at almost $ 36 per share. A price somewhat lower than that of the debut, but that would mean a revaluation of more than 60% for those who acquire shares of Facebook today.

Few or very few have gained from the operation. Between April and June, the social network recorded losses of 157 million, despite the fact that revenues had increased by 32%, to 967 million.

The fortune of its founder and CEO Mark Zuckerberg has also dwindled. If its 533.8 million shares were valued at $ 20.4 million in May, today they are worth just over half. The expectations placed on Facebook's ability to develop a profitable mobile platform were too high and the company seems to be going down without brakes. It is not surprising, given what has been seen, that nothing is known about the supposed plans to go public on Twitter.

Bloomberg estimates that Facebook will invoice $ 4.937.69 million this year and, in 2013, 30% more. Not enough growth to justify the dot-com fury until Zuckerberg rang the Nasdaq bell.