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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)
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** FILE ** This combination of 2012 file photos shows the logos of Yahoo, left, and Facebook, outside their offices in Santa Clara, Calif. and Menlo Park, Calif. The two companies have agreed to settle a patent dispute on Friday, July 6, 2012, averting a potentially bitter battle over the technology running two of the Internet's most popular destinations. (AP Photo/Paul Sakuma)
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Mark Zuckerberg (center), Facebook founder, chairman and CEO, applauds at the opening bell of the Nasdaq stock market on May 18, 2012, from Facebook headquarters in Menlo Park, Calif. (Associated Press/Nasdaq via Facebook, Zef Nikolla)
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**FILE** The pre-market price for Facebook is seen May 23, 2012, at the Nasdaq MarketSite in New York. (Associated Press)
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Passers-by are reflected in the window of the Nasdaq media center as they view reports of trading activity on Facebook's stock on the Nasdaq stock market in New York. The botched offering of Facebook stock has raised several troubling questions. The stock fell $3.07 to close at $28.84 on Tuesday. (Associated Press)
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** FILE ** In this Oct. 10, 2011, file photo, a magnifying glass is posed over a monitor displaying a Facebook page in Munich. (AP Photo/dapd, Joerg Koch)
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Facebook founder and CEO Mark Zuckerberg and Priscilla Chan, his longtime girlfriend, were married in Palo Alto, Calif., on Saturday, May 19, 2012. (AP Photo/Facebook, Allyson Magda Photography)
