Facebook stock looks for bottom as execs head for the door

Published: August 2nd, 2012

More troubles for social media powerhouse Facebook, reports Bloomberg, as the stock dips under $20 for the first time and two senior executives (who hopefully cashed-out some of their stock before it began its post-IPO decline) announced their departures.

(Click here to read: Facebook stock drops below US$20 as executives announce exits)

While it seems like difficult times for Mark Zuckerberg and Co., they can take solace that when the sequel to The Social Network is released, Aaron Sorkin will make their explanations for the underperforming stock very eloquent, at least.