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Facebook Stock Plummets

Second day on the market goes poorly without underwriter support

By Kevin Spak,  Newser Staff

Posted May 21, 2012 9:51 AM CDT

(Newser) – Facebook's underwriters pulled off the training wheels today, and the infant stock fell—hard. After a lackluster first day on the market, Facebook shares fell some 12% in the first minute of trading this morning, Reuters reports, dropping below the $38 IPO price to...   Read full story »

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