Facebook Hits New All-Time Lows

Shares of Facebook FB plummeted to new all-time lows Monday, trading near $18.75 per share. While Facebook has been falling since its IPO, shares took a hit Thursday when the first of five lockups expired, allowing up to 271.1 million additional shares to hit the market. Amid the slumping share price, Facebook was raised to a Buy from Hold by Capstone Investments with the price target being set at $26 per share. Facebook traded around $18.85 Monday.