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$25.00
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$127.00
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$10.00
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Provider: S&P Capital IQ – STARS Reports
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$115.00
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Facebook Inc Shares Sink On Day Two-WSJ
The Wall Street Journal reported that shares of Facebook Inc plunged on their second day on the stock market. The shares fell 13.7% early Monday to well below the $38 price for the initial public offering, before pulling off the low. The reasons cited for the decline include an aggressive IPO price, the increased number of shares offered and concerns about Facebook's slowing revenue growth.
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