Shares of Facebook Inc. (FB) have been declining since the open of trade Monday and are currently down 3.98 at $34.25.
The social media giant began trading for the first time on Friday. The much hyped IPO originally priced at $38 per share, which was at the top end of its estimated price range of $34 to $38.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.