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What went wrong with the Facebook IPO? – Financial Post


Financial Post

What went wrong with the Facebook IPO?
Financial Post
What was supposed to be one of the most heralded IPOs ever is turning out to be a disaster for Facebook and the banks that backed it. So far, the IPO has been a dud with the stock trading at $US 28.19 as of May 30, down 26% versus the $38 issue price.
Weekend news roundup: skepticism about the business model of socialSiliconrepublic.com



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