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Friday, July 27, 2012

Facebook exceeds Wall Street expectations; stock drops anyway

You have to feel that analysts have no confidence in FB or it's management. closed yesterday at $26 (down from it's IPO price of $38) and then dropped another 2+ bucks in after-hours trading.

Facebook Modestly Beats Wall Street's Low Expectations, Stock Tanks Anyway

Friday, July 27, 2012 |

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