FACEBOOK STOCK AT $ 38.37 ON CLOSE OF 1st DAY

FACEBOOK STOCK AT $ 38.37 ON CLOSE OF FIRST DAY

Yesterday was a great historic day for Facebook and its debut drew a crowd to Times Square New York The popular social network in the markets, noting the closing price of $ 38.37 – an increase of 0.97% from opening price of $ 38. Facebook’s debut on NYSE Nasdaq was little variation in the day, and moved close to $ 38 all day, with a maximum value of $ 45. Press reported that the contractors were the ones who kept artificially the price from falling below $ 38. Zynga, another listed company, whose fate is connected with Facebook, saw its stock sink yesterday, closing at $ 7.16, a reduction of 14%.