Will Facebook’s stock dive hurt California’s economy?

Written by

Facebook shares continue to slide, down nearly 2 percent in trading today. That’s after the social media giant offered up its stock in an Initial Public Offering last month at an opening price of $38 a share.

Paddy Hirsch is a Senior Producer and host of the Whiteboard series at the business show Marketplace, and he joined KCRW’s Steve Chiotakis to discuss Facebook’s stock dive.