# Prof. Aswath Damodaran on Facebook's falling stock price

1 Faculty News August 17, 2012 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times Dealbook](http://dealbook.nytimes.com/2012/08/17/finding-the-facebook-magic/) -- "'As with most other young growth stocks, no one really knows Facebook’s value,' said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor of finance at the New York University Stern School of Business. 'That means people can overreact in both directions.'"

[Read more  ](http://dealbook.nytimes.com/2012/08/17/finding-the-facebook-magic/)