In a little more than two months since its initial public offering, Facebook has gone from being a stock that investors fought to own to one they can't get away from fast enough. Wednesday, it set a new low. Anyone watching the unrelenting drop may wonder how Facebook's star dimmed so quickly on Wall Street. Four reasons:
•Disconnect between serving consumers vs. investors. The fact that Facebook seems more concerned about designing products than finding ways to profit from them is irking investors.
•Overhype from the start.
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