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Facebook shares are overvalued, say financial analysts

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Category: Science News Archive (2012)

Want a piece of Facebook? The social networking behemoth has finally announced that it is going public – on 18 May – and its proposed share price values the company at between $77 billion and $96 billion. "Econophysicists", however, say the company will be subject to a stock price bubble and is vastly overvalued.

Speaking of hot air.  To read more, click here.