Facebook Stock Below 30

Facebook Stock Below 30 - The saga of Facebook's disappointing IPO continued on Tuesday as the

company's stock price for the first time dipped below $30.

The impetus for the dive was unclear. As the price of Facebook fell, the Nasdaq and the Dow were both

up slightly. The latest shift comes after Facebook's stock gained a mere 23 cents on its debut on May 18.

Since then, the stock price fell, but leveled out at around $32 before hitting a new low on Tuesday.


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