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suntimes.com 1 week, 1 day agoFacebook (FB) took its public bows Friday and the reviews were mixed. After its initial public offering at $38, the shares moved as high as $45, but a wobbly trade set in and it closed at just $38.23. It’s only a one-day result, but it indicated resistance to the higher prices Facebook’s underwriters had been soliciting until Friday. Facebook is now valued at more than $100 billion, an undeniable achievement, but the cost of “liking” the social media company was getting steep even for the insider trade. IPO


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