The first day the share price hit 45 dollars and many people bought above 40 dollars the first day so when will it go back up there again?
When Microsoft buys it out after a 10:1 reverse stock split from $2.50 to $25.
Not in this life time!
This is a sad question. FB is not the same company when it traded above $40 which lasted at most minutes.Since then multiple levels of hype have been peeled away. A bad ER gave substance to the over valuation of FB. Now we have the lock up expirations.It will take years before it trades above $40. It's more likely to trade below $10.
Earnings report was actually good - remember the initial reaction in after hours that day FB went up? It's been a nasty headfake since then. Time to get back to 30.