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Professor Aswath Damodaram - Facebook Is a Richly Priced Stock

August 01, 2013 | About:
Canadian Value

Canadian Value

105 followers
As Facebook breaks back above its IPO price investors start to think about valuation.

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Professor Damodaram thinks that Facebook is worth somewhere between $24 and $28 per share.

At $18 per share Damodaram thought Facebook was a buy. Today at $38 he wouldn't touch it with a 10-foot pole.



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.3/5 (4 votes)

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