Facebook could end up at $22 a share

Filed under: AM Roundup |

Facebook may fall more than 42 percent below its initial public offering price by the end of the year, according to bets by structured-product investors.

Bloomberg is reporting the most actively traded structured products tied to Facebook since its IPO have been so-called put warrants, whose buyers profit if the shares drop below a pre-defined level, in some cases as low as $22.

Read more at Bloomberg.