Facebook's Ipo Sputters

Facebook IPO

Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.

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  • Facebook IPO
    As Facebook's shares declined below their IPO price on the second day of trading Monday, the bankers' role in supporting the stock price is taking center stage.
    04/16/2014 - 7:21 am | View Website
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