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Facebook share price fell below $ 20 “/> the Facebook share price fell below $ 20

SAN Beijing August 3 morning news deadline GMT Friday, 1:17 am, Facebook (FB) shares fell 0.9 cents, to $ 19.98, down 4.31 percent. Facebook share price since the IPO, the first time fell below the $ 20 mark, again a record low.

Beijing July 27, Facebook released its first earnings report since the IPO. The report shows that Facebook’s second quarter revenue of $ 1.18 billion, up 32 percent from $ 895 million in the same period last year; a net loss of $ 157 million, compared to net income of $ 240 million. Facebook second-quarter revenue that topped Wall Street analysts expected earnings per share in line with expectations, but did not release the next quarter is expected to data caused by the date of its after-hours stock price plunged 11 percent.