On its first day of trading, Facebook Inc.’s stock closed barely above its public offering price. It gained 23 cents, or 0.6 percent, to close at $38.23. Since then, the stock price fell for 10 weeks and increased for eight.
Facebook’s stock started the week with a decline. It lost $2.07, or 9.1 percent, to $20.79 on Monday.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.