Tuesday, October 9, 2012 
Facebook’s stock has been down on 56 trading days, up on 42 and unchanged on two since its initial public offering.
Facebook began trading publicly in mid-May following one of the most anticipated stock offerings in history. The IPO priced at $38, at the top of a projected range that Facebook had already boosted just days earlier.
Although many investors had hoped for a big first-day pop, Facebook’s stock opened on May 18 at $42.05 and fluctuated between $45 and $38 throughout the day. It closed barely above its IPO price, at $38.23.
The stock had fallen sharply in the weeks following the IPO.
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