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Facebook’s initial public offering May 18 failed to live up to the hype, and the company’s shares have fallen more than 35 percent since it first hit the market at $38. Facebook reported a $157 million loss for the second quarter, though much of that was due to a one-time expense that led to a loss of 8 cents per share. (Associated Press)

Facebook’s initial public offering May 18 failed to live up to the hype, and the company’s shares have fallen more than 35 percent since it first hit the market at $38. Facebook reported a $157 million loss for the second quarter, though much of that was due to a one-time expense that led to a loss of 8 cents per share. (Associated Press)

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