Facebook stock closes at all-time low

Facebook’s stock (trading under the symbol FB) closed today’s trading day at an all-time low, marking the third straight day that shares dipped in price. The stock closed the day at $20.88, but is up slightly in after-hours trading.б═Facebook reported its second quarter financial results last week, revealing slowed user growth and a revenue that relies mainly on advertisements on the social network.

Facebook began trading stock back in May, starting at an IPO price of $38. The stock, however, quickly dipped and hasn’t seen much growth since.

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