I did a quick analysis of Facebook just few hours before its listing. Not even 3 months have passed and the stock is down more than 50 percent from its listing price of around 42. It still trades at a PE of 111.89. Google has a PE of 18.76. So its still a long way down for Facebook share.
Facebook share : Comparative relative performance with Google, Microsoft, Apple. Daily chart since IPO.
Facebook share : Comparative relative performance with Google, Microsoft, Apple. Daily chart since IPO.
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