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Facebook Shares Hit New Low

They drop 6% as some investors get first chance to sell

By Matt Cantor,  Newser Staff

Posted Aug 17, 2012 6:36 AM CDT

(Newser) – More stock woes for Facebook: As some shareholders got their first opportunity to sell yesterday, shares plummeted to a new low of $19.69. By day's end, they'd settled at $19.87, a 6% plunge, the Los Angeles Times reports. It's not...   Read full story »

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