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Facebook Goes Public

May 18, 2012

Facebook went public today with its initial public offering (IPO) at $38 a share.  It closed at $38.23 with the highest trading volume of any company’s first day since GM.  That’s a lot of volume for such small gains.  The NASDAQ also fell a bit today.  Overall, for such a potentially risky stock, Facebook did [...]

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A World Without Borders

July 18, 2011

The Wall Street Journal is reporting that Borders Bookstores is going out of business at the end of September. This news was probably inevitable.  Books of all kinds are readily available online for much cheaper prices than you can find in the brick and mortar shops, and shopping in cyberspace can be more convenient.  Couple [...]

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