Facebook shares close just above opening price
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New York - Shares in Facebook on Friday closed their first day of public trading just a fraction above their opening price of 38 dollars, disappointing pundits who had expected the social networking giant to ignite a buying frenzy among its hundreds of mi
Shares opened just 10 per cent higher than the offer price Friday morning and quickly slid back to just above the 38-dollar-level amid a wider negative sentiment on world stock markets. At the close of trading, Facebook stock closed at 38.23 dollars, just 0.61 per cent above its offer price//DPA
