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Facebook Stock Tumbles on 2nd Day of Trading
Written by Pat's Papers | Tuesday, 22 May 2012 7:36 AM
Facebook didn’t make any friends on the stock market yesterday. After gaining a measly 23 cents on Friday, shares fell 11 percent on Monday. The tumbled took about $11.5 billion off Facebook’s estimated value. The Wall Street Journal has an excellent blow by blow on what exactly happened but I’ll give you a summary: Basically, they sold too much stock.
SOURCE: Wall Street Journal
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Starbuck’s Alter Ego: Awn
We haven’t had a good Starbucks Alter Ego for awhile, but then a woman named (not-my-wife) Dawn dropped us a line.
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