Facebook Shares Under Pressure Amid Growth-Slowdown Concerns
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Facebook Inc. shares are under pressure in the run-up to an earnings report, due next week, that will probably indicate growth slowed in the second quarter.
The shares pared losses today, rising 3.6 percent to $29.11 at the close in New York. Including today’s gain, the stock has dropped 23 percent since its May 17 initial public offering.