Professor Aswath Damodaram - Facebook Is a Richly Priced Stock

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As Facebook breaks back above its IPO price investors start to think about valuation.

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Professor Damodaram thinks that Facebook is worth somewhere between $24 and $28 per share.

At $18 per share Damodaram thought Facebook was a buy. Today at $38 he wouldn't touch it with a 10-foot pole.

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