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Great Job, Wall Street and Facebook! The IPO Was Perfectly Priced…

May 18, 2012
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Great Job, Wall Street and Facebook! The IPO Was Perfectly Priced…

It was a huge relief this morning when Facebook stock opened a modest 10% above the IPO price. This price level was ideal for almost everyone involved--with the exception of short-term traders who bought the stock only to instantly flip it. (And no one...
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