Has the Social Media Bubble Burst?

By: CBS

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Uploaded on August 22, 2012 by CBS

On the day Facebook launched as a publicly traded company, it was valued at more than $100 billion for a few hours. Now, its stock has dropped to about half that. John Blackstone reports why so many investors have been left disappointed by the social media giant.

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Cbsepisode, Facebook, Social, Media, Bubble, Burst, Stocks, Drop, Value, Half, Investors, Giant, Billion, Money, Lose, Walls, Streets, Ipo, Loss, Gain, Profits, Websites, Online, Internet, CBS Evening News, Entertainment

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