Facebook share price continues to fall

Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today.

Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start of play to $60.39 at the close.

Upon opening today the price plummeted even further – down to as low as $58.40, although it has since recovered to $60.07, representing a further decline of 0.5 per cent today.

Facebook shares reached their peak value earlier this month when on march 10th they hit $72.03.