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Facebook Stock Plunges in Second-Day Trading

Posted May 21st, 2012 at 3:05 pm (UTC-5)
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The price of shares of social-media giant Facebook plunged on its second day of stockmarket trading. Investors quickly started selling the stock on the Nasdaq exchange Monday, sending the price of Facebook shares down 13 percent in the first hour. It later regained some strength, but still was down more than 10 percent in midafternoon […]

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Facebook Stock Plunges in Second-Day Trading

Posted May 21st, 2012 at 11:20 am (UTC-5)
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The price of stock in social-media giant Facebook is plunging on its second day of trading. In the first hour on the Nasdaq exchange Monday, traders quickly started selling the stock with its price falling more than 11 percent to below $34. Facebook shares had edged slightly higher on the stock’s opening Friday, ending up […]

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Facebook Shares Close Up Slightly

Posted May 18th, 2012 at 5:35 pm (UTC-5)
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Facebook, the world’s biggest social media website, started selling stock to the public on Friday, with an initial share price of $38. But contrary to some investors’ hopes, the stock price did not soar in the first day’s trading. After jumping more than 10 percent in the first few minutes of trading, Facebook shares closed […]

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Facebook Starts Public Sale of Its Stock

Posted May 18th, 2012 at 3:05 pm (UTC-5)
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Facebook, the world’s biggest social media website, started selling stock to the public on Friday, with its initial $38 share price edging above $40 in the first hours of trading. Facebook’s chief executive, Mark Zuckerberg, signaled the start of trading on the Nasdaq exchange in New York by remotely ringing a bell from company headquarters […]

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Facebook Starts Public Sale of Its Stock

Posted May 18th, 2012 at 11:45 am (UTC-5)
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Facebook, the world’s biggest social media website, started selling stock in the company to the public on Friday, with its initial $38 share price quickly jumping to more than $40. Facebook’s chief executive, Mark Zuckerberg, signaled the start of trading on the Nasdaq exchange in New York by remotely ringing a bell from company headquarters […]

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Facebook Set for History-Making Stock Sale

Posted May 18th, 2012 at 10:20 am (UTC-5)
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Facebook, the world’s biggest social media website, will begin its eagerly awaited first day as a publicly traded company on Friday. Stock in the California-based company will sell for $38 a share when trading begins on the Nasdaq Stock Exchange . The initial public offering — the opening price at which investors can buy a […]

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Facebook IPO to be $38 Per Share

Posted May 17th, 2012 at 5:15 pm (UTC-5)
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Shares in Facebook, the world’s biggest social media website, will begin trading Friday at $38 apiece on the Nasdaq Stock Exchange. Facebook’s initial public offering — the opening price at which average investors can buy a share — will raise about $16 billion, making it the most lucrative IPO in history. Some analysts expect millions […]

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Facebook Offers More Shares in Stock Debut

Posted May 16th, 2012 at 9:40 am (UTC-5)
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Social media giant Facebook says it is boosting the number of shares of company stock it will offer for sale to the public later this week, due to strong investor interest. Facebook said Wednesday it will now offer 421 million shares for sale — a 25 percent increase. The privately owned social network Internet site […]

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Facebook Boosts Its Initial Stock Price

Posted May 15th, 2012 at 10:05 am (UTC-5)
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Social media giant Facebook says it is raising the price of the company stock it is offering to the public. The Internet-based social network site had initially said the more than 337 million shares of stock it is selling would be priced between $28 and $35 a share. But with strong demand for the stock […]

Tags: , , Posted in Economy, US

Facebook Files for $5 Billion Initial Public Offering

Posted February 1st, 2012 at 6:10 pm (UTC-5)
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Facebook, the enormously successful social networking website, has filed its initial public offering, allowing the public to buy shares for the first time. Facebook is looking to raise $5 billion. It did not announce what the price per share would be or how many shares would be offered for sale. Facebook has hired several well-known […]

Tags: , Posted in Economy, US

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