 PolicyMic |
Social-media stocks cringe as Facebook falls
Detroit Free Press Facebook stock fell below $30 Tuesday, tumbling $3.07 to $28.84, the fourth decline in its seven days of trading. It's now down 24% from its IPO price, making it the 19th worst initial public offering of 125 in the past 12 months. Facebook (FB) Stock Chaos: 4 Reasons Why Facebook's IPO Went Belly Up |
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