Business Insider Author, Henry Blodget referred it as a "Muppet Bait" because of its Overpriced Value per share. At $38 per share at the initial offer.
The biggest problem Facebook is now facing is deceleration of its revenue. Its value per share has totally come down 10% to $28.87 trading yesterday at NASDAQ Exchange.
Selling of 337 million shares with $13 billion in cash and the rest in paper form, gave it a total of $105 billion net worth. With the downfall of cost per share, they have lost a clean $25 Billion in Value.
There has been speculation that the company's underwritter, Morgan Stanley, did not actually overprice the share values but rather it was done for Facebook's benefit and not for the public benefit.
This has lead to Russian leading social site network Vkontakte, to postpone the initial public offer of its shares as a result of Facebook Inc. poor performance.
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