Facebook shareholders are back at it.
The company's stock is down again this morning, dropping to a new low of $17.58. The shares have since climbed a bit to $17.70, which is still down 2 percent compared to their opening price of $18.06.
After going public in May for $38 a share, Facebook shares have plummeted. On Friday, Facebook was down 5.3 percent after BMO Capital Markets reduced its 12-month price target from $25 to $15.
"We expected investor attention to return to fundamentals after the technical challenges presented by lockup expirations over the … Read more