Facebook Sheds Nearly $7 In 2 Days

Facebook Inc FB shares are trading lower by $3.56 at $108.53 in Monday's session. It has fallen nearly $7 from Thursday's close ($115.08) to its current level. It's now nearly $13 off its all-time high that was made on May 11 at $121.08.

After a lower open, it peaked off its opening print of $111.57 and continued lower. It has now filled its void in price that was instigated by its better than expected Q1 report.

On that day, it rallied from its April 27 close ($108.89) to $116.73, leaving a void in price from its high the previous day of $108.94. The current low of $108.37 has satisfied that technical set-up.