Bloomberg :: Facebook Inc.’s stock, which has already lost $25 billion in value since its public debut, would have to drop another 20 percent for its valuation to match other companies that do business over the Internet. Facebook, with a market capitalization of $79.1 billion, is trading at 29.5 times the company’s projected 2014 profit of $2.69 billion, data compiled by Bloomberg show.
Continue to read Inyoung Hwang | Brian Womack, www.bloomberg.com
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