Facebook stocks causes a decline in the stocks of Zynga and LinkedIn

After a delay of about half an hour due to a technical fault, Facebook began its journey in the stock market with a rise, as the stock price of $ 42.005 (select the opening price of $ 38), but it soon dropped again.

The Facebook stock price ranged over the past few hours between 38.03 and $ 41.68, before settling down for some time on the price of $ 38.01, but it does not give any indication about the possibility of moving much beyond this price and the first day wrapped up at a price of $ 38.27.

Usually what is the price at which concludes by companies that put their stocks for subscription during its first day, an indication of the future of the company and the extent of its power, for example, social network professional LinkedIn has managed than doubling its stocks price during its first day, as it announced at the beginning of the matter is that the stock price will be in the range of 32 to $ 35, before deciding to raise it to $ 45, but the rush of investors around lifting up to $ 122.70 before it concludes its first day at a price of $ 94.25, as the network has been able to maintain that value even after a year thereafter (the network recorded entry into the Stock Exchange on May 19 of last year), and concluded yesterday at a price of $ 106.17.

What complicates the situation is the increased Pivotal Research Group. Launched today's recommendations calling for the sale of stocks of Facebook (instead of buying), where it sees that the price of $ 38 is not soon to be decreased, and specifying price at $ 30 as the price closest to the sensible:

Previously identified the stock price of Facebook to $ 30, and as the current stock price is $ 42, we recommend selling the stock, as long as the current price exceeds by 15% the price that we set previously.

Then she said the words of analyst Brian Wieser:

The market Thinks currently that investing in the stocks of Facebook is less risky than investing in the shares of Google, but the situation is not so.

In spite of this situation, this day did not pass coolness and peace for technology companies that recently entered into the stock market, and it comes to specific social network professional LinkedIn, which concluded today at a price of 99.02 dollars per share, down as much as 5.65% compared to the price of the conclusion of the day yesterday, in addition to Zynga, which decline in its share price by more than 13% as currently estimated at $ 7.16.