Facebook shares hit all-time low of $17.58 as bleeding continues

(Credit: Sarah Tew/CNET)

Facebook shareholders are back at it.

The company's stock is once again down this morning, dropping to an all-time low of $17.58. The shares have climbed a bit to $17.70, down 2 percent compared to their opening price of $18.06.

After going public in May for $38 a share, Facebook has watched its shares plummet. On Friday, Facebook was down 5.3 percent after BMO Capital Markets reduced its 12-month price target from $25 to $15.

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