[Reuters] Facebook shares sink 11 percent as reality overtakes hype

Posted by: UGN Security

[Reuters] Facebook shares sink 11 percent as reality overtakes hype - 05/21/12 10:33 PM

(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks.