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Facebook’s Stock Falls Below $30 for First Time

Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.

 

Figuring out the right price for Facebook stock isn't easy

Independent analysts have issued price targets ranging from below $25 a share to nearly $50, while bloggers, day traders and others have trotted out valuations that pin Facebook as low as $6 a share. At $38 a pop, nobody liked Facebook.

 

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