Facebook briefly hit another low today before rebounding.
Facebook's shares are up 0.7 percent to $29.05, up slightly from an earlier low of $28.25. Despite the slight gain, the stock is down nearly a quarter from its offering price of $38.
It's been a tumultuous ride for Facebook's stock and for any shareholders stuck with the stock at its offering price. Its first full week of trading ranked it as the worst performing IPO in a decade, and the stock fell below $30 for the first time yesterday.
The declines have largely stemmed from … Read more