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Facebook collapses by 16% on the Nasdaq, the accounts weigh in the red for 157 million dollars

The social network trades on the Nasdaq at 22,51 dollars, down 16% - Red of 157 million euros in the second quarter - But turnover and advertising are growing - From the listing on May 18, the title is down 40%

Facebook collapses by 16% on the Nasdaq, the accounts weigh in the red for 157 million dollars

Al Nasdaq Facebook collapses by 16% to 22,51 dollars, after having already left 8% on the ground yesterday. The markets are disappointed by the results which in the second quarter reported a loss of 157 million dollars against 159 million profits in the previous year. The accounting treatment of the stock options granted to employees and the payment of taxes linked to this form of remuneration weigh on the accounts. Turnover instead rose by 32% to 1,18 billion and advertising revenues improved by 28% to 992 million. Since the landing on the price lists, last May 28, Fb has lost 40%.

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