Facebook Hits All Time Low

First time ever stock below $18


Another brutal day for Facebook shares. The stock broke $18 for the first time, falling to $17.72.

It's been another controversial day for Facebook. Andrew Ross Sorkin at the New York Times wrote a column on Facebook's IPO blaming CFO David Ebersman for the stock's crash.

Sorkin says Ebersman priced the IPO too high which has led to the crash.