Facebook shares jump, then fall, then close flat
Last update: 1:37 p.m. PT.
The world's largest social network is now a public company, and though it got off to a good start, the share price story for the day wasn't terribly inspiring.
Facebook today kicked off its IPO day at $38 a share, and in early trading, the company's stock jumped 12 percent to $42.50, and touched a high of $43.20.
But the shares took a startling plunge soon thereafter back to about the starting price before trending upward once again to just over $41 by early afternoon Eastern time. The … Read more