Facebook shares may be worth too little, around $15: a sharp drop on Wall Street for the social network’s blue-chip stocks.
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As disruptive on the web as it is fragile in the stock market: this is how Facebook might appear today.
The social network giant has indeed suffered a sharp drop on Wall Street, due to the fact that the weekly “Barron’s” has dared to estimate the real value of the share.
According to what is read, in fact, each Facebook share should be worth about 15 dollars, compared to the current 21.46, more or less.
Such an estimate, moreover launched on the cover of the financial weekly Barron’s, was enough to leave more than 5 and a half percentage points on the trading floor.
The first reason for criticism by Barron’s relates to the fact that the entire Facebook staff has shown itself unprepared for the use of the platform by subscribers via mobile devices such as smartphones and tablets.
A delay that would put Facebook at a disadvantage, still too tied to the desktop version rather than the increasingly used mobile one.
Despite this catastrophic vision of Facebook’s fate, it must be said that other observers – for example Forbes – do not find the situation so dramatic, nor do they share Barron’s opinion.
After all, Mark Zuckerberg himself has repeatedly stated his intention to push decisively for improvements favorable to better use on the mobile platform.
The real test perhaps will come in about a month, when the deadline expires within which employees have been forbidden to sell their shares: from October 23 onwards, therefore, everyone will be able to decide whether to continue to be a shareholder or to sell their stake.
That, very probably, will be an initial signal arriving from within the company regarding the situation.
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