Why is Facebook's stock getting hammered?
Former Morgan Stanley Internet analyst, and current Kleiner Perkins partner Mary Meeker blames NASDAQ.
Speaking at the AllThingsD conference she said the big problem was that NASDAQ got overwhelmed by orders. Then traders weren't sure if they had the shares or not. They got spooked and stopped buying.
Once the stock started cratering, it was curtains for Facebook, says Meeker.
To read the full, original article click on this link: Here's Why Facebook's Stock Is Tanking, According To Internet Analyst Mary Meeker - Business Insider
