Facebook Extends Share Declines Since IPO: San Francisco Mover
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Facebook Inc. shares extended their decline today following a Reuters/Ipsos poll that showed sagging interest in the site and a minority of users being influenced by ads and comments when making purchasing decisions.
The stock fell 3.8 percent to $25.87 at the close in New York. The shares have lost 32 percent since they began trading at $38 on May 18.