Excerpt
Stock Market: Technology Back in the Limelight
In May, investors saw Facebook’s initial public offering fail to hit the giddy heights anticipated and its price drop by the second day of trading. As the month drew to a close, the share price had declined more than 20 percent since its initial offering. Now regulators are scrutinizing the IPO process amidst accusations of unfairness from would-be investors who failed to secure shares during the launch.
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