We wonder if these figures being back in the news today has anything to with the reports last week that Facebook insiders are reportedly trying to move more than $1 billion Facebook stock at a $70 billion valuation, but can't find any buyers.
After Goldman Sachs announced in January that it would put $1.5 billion of its money and its clients money into Facebook at a $50 billion valuation, the social network's valuation began to soar like crazy as new investors followed suit. T.Rowe Price got in. So did JP Morgan, at $60 billion. Private investors started buying small amounts of Facebook stock at valuations well over $100 billion.
Now, suddenly, the fever for Facebook stock has cooled.
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