Facebook (FB) IPO: The Winners and LosersVW Staff
Friday saw the long awaited IPO of Facebook Inc (NASDAQ:FB) and it failed to live up to the hype they got over the past year. Shares of Facebook Inc (NASDAQ:FB) closed up only 23 cents after hitting $40+ mid-day. Facebook Inc (NASDAQ:FB) did set a record for trading volume but the huge share float combined with huge retail investor presence, made institutional investors pass . . .
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