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IPO flop: Facebook shares fall to a new low – The Star-Ledger – NJ.com


The Star-Ledger – NJ.com

IPO flop: Facebook shares fall to a new low
The Star-Ledger – NJ.com
Facebook shares climbed as high as $45 on May 18, when the shares ended the day with a price-earnings ratio of 83.1, making the Menlo Park, California-based company more expensive than 99 percent of Standard & Poor's 500 Index stocks. The IPO, which
Facebook IPO glitch prompts margin calls, headachesChicago Tribune


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