Zuckerberg loses $2bn as share price falls

Facebook share fell nearly $ 5 on Monday's closing price Friday of $ 38.23

fortune of Mark Zuckerberg dropped nearly $ 2 billion (? 1.3 billion) to $ 18.7bn in a few minutes on Monday as trade resumed in shares of Facebook - which quickly dropped nearly $ 5 more than 10% of the closing price on Friday of $ 38.23.

marketing pre-commercial saw massive selling of shares, which has been supported over its list price $ 38 Friday afternoon by the underwriters in the big banks that bought shares before IPO.

fortune of Zuckerberg, according to their participation, the bid price was $ 18.95bn $ 38 on Friday. But a few minutes of shares will be sold again without the support of subscribers, were in free fall, and soon negotiate below $ 34.50. After half an hour, had lost $ 5 on the closing price on Friday.

Henry Blodget, the former Wall Street analyst before the IPO shares called "muppet bait," said on its website Business Insider that the lack of "pop" was probably good news for millions of small investors who were encouraged to accumulate shares.

• He believes that the fair value of the company would be somewhere between $ 16 and $ 24 per share, according to their results. This is a value between $ 50 billion and $ 85 billion - a significant sum, but far from the $ 104bn that the share price $ 38 put on it
• investor confidence
• cooled during the weekend after seeing the lack of a leap in the share price on Friday.
After being classified to $ 38, with more offered by "strong demand" shares trade on Friday after - after a stinging defeat - to $ 42.02. But soon left to set at the closing price.

Monday, the feeling had turned against Facebook so that subscribers who want to download the tracks were forced to take substantial losses as market shares demarcated.

After seeing a number of investment funds to buy shares on Friday, when fund managers charged in the hope that Facebook would provide a boost to your portfolio, buyers left on Monday market were less willing to pay a premium - leaving no possibility to subscribers if they approve the actions