Facebook Continues Lower

Facebook Inc (NASDAQ: FB) shares are trading lower by $1.60 at $95.73 in Monday's session. It is trading lower for the third day in a row. Over those three days, it has fallen from its January 6 close ($102.97) to its current level.

After a higher open, it rallied to $98.60 before reversing course. The ensuing decline has taken the issue to $95.39 and it is attempting to rebound into the $96 handle That marks the lowest level for issue since it bottomed on October 16 at $92.67.