Analyst Blames Parents For Facebook's Unconvincing IPO

Facebook was hardly the most adored of companies before going public in May, but few could have predicted the landslide in stock price that has greeted the company since it started trading on May 18. Wiping billions of dollars from founder Zuckerberg’s personal fortune; the social network company is now the second-worst performer of all IPOs in the US so far this year (according to IPOScoop.com).