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Summary The shares, priced at $38 on Thursday jumped 12 percent to $42.55.
Facebook saw an early surge in its share price fade Friday as the wildly popular social network made its stock market debut.The shares, priced at $38 on Thursday in the largest-ever initial public offering (IPO) for a technology company, jumped 12 percent to $42.55 in the opening Nasdaq trades but within minutes fell back to the offering price.
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