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Facebook’s stock takes a dive

Shares decreased almost 11 percent in 2nd day of trading

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Photographs by ASSOCIATED PRESS

After Facebook stock narrowly stayed above the initial public offering price during its first day of trading Friday, the price fell hard and fast Monday, knocking nearly 11 percent off the company’s record-breaking initial valuation.

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  • Headline: Facebook’s stock takes a dive
  • Publication: Business, Pages 21 on 05/22/2012
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