NYU Stern
Share / Print
Faculty News

Prof. Aswath Damodaran on Facebook's stock price

CNBC logo feat

 

Excerpt from CNBC -- "My estimate of value for Facebook is $24. About $3 less than I estimated the value to be four months ago, at the time of the IPO. I did lower my revenue growth estimates… I did bring down my margins but I still think what made the company an attractive company six months ago, it's incredible potential and capacity to monetize that potential, is still there."

Watch the video

Additional coverage appeared on another CNBC piece.