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Today's Commentary

Sunday, May 20, 2012

Breaking News Facebook shares open at $43 After a more than 30-minute delay, Facebook shares opened at $43 on its first day of trading on the Nasdaq exchange on Friday morning. The IPO price was $38 per share on Thursday evening, which valued the social networking company at $104bn. AND THE PRICE ACTUALLY CLOSED AT THE $38 LEVEL!!! Be careful here…lots of risk!