Facebook Slide Continues on Sales Concerns: San Francisco Mover
This article is for subscribers only.
Facebook Inc. dropped 3.8 percent to a record low, the fourth straight day of declines after the world’s largest social-networking service reported second-quarter results that showed slowing growth.
Shares slipped to $20.88, the lowest closing price since the Menlo Park, California-based company held an initial public offering on May 17.