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Showing posts with label high-profile flotation. Show all posts
Showing posts with label high-profile flotation. Show all posts

May 30, 2012

Facebook shares dip below $29 to new low

Facebook shares have dipped below $29 for the first time since their flotation to a new low. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn).