Facebook shares were added to the social media ETF in late May. [Facebook Enters Social Media ETF]
As the stock continues to fall, investors are trying to figure out at what price Facebook becomes a compelling value play.
“Facebook is the largest social network in the world with more than 900 million monthly active users,” according to Trefis. “Facebook made a net profit of close a billion dollars in 2011, which is expected to grow further going forward.”
Global X Social Media Index ETF
