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Facebook (FB -4%) can't catch a break. Shares are making new lows again, and are now barely...

Aug. 02, 2012 12:15 PM ETMeta Platforms, Inc. (META) StockMETABy: Eric Jhonsa, SA News Editor14 Comments
Facebook (FB -4%) can't catch a break. Shares are making new lows again, and are now barely above $20. The selloff has become bad enough that California may have to revise its budget assumptions. Facebook has received some more bad PR (previous) courtesy of developer Dalton Caldwell, who accuses Facebook execs of threatening to crush an app he was building (allegedly for affecting Facebook's ad sales) if he didn't agree to sell his company.

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