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Facebook goes public

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Facebook goes public

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Al Jazeera English

14 Views • Aug 31, 2012

Description

It was hyped as one of the most ambitious stockmarket debuts in history.
 
But Facebook shares ended their first day of trade on New York's Nasdaq Stock Exchange in lacklustre fashion.
 
They gained just 23 cents just above their Initial Publice Offering of 38 dollars a share.
 
The value of the social network site is at around 104 billion.
 
Al Jazeera Scott Heidler reports.