Historic Facebook Debut Falls Flat

Historic Facebook Debut Falls FlatThe historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company‚Äôs sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering price, but after peaking at about $45 slid rapidly at the end of the day to close…

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