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What Does a Facebook's $20 Stock Price Mean?
Aug 3rd, 2012
Yesterday Facebook's stock fell below $20.00 ending the day at $20.04, an all-time low for the ever-shrinking stock. Although just an arbitrary numerical marker of Facebook's continued descent, the nice round number, which would be down 47 percent from its $38 IPO debut, gives us a moment to reflect on what all this lost value really means. (Source: The Atlantic Wire) -
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