On its first day of trading, Facebook Inc.'s stock closed barely above its public offering price. It gained 23 cents, or 0.6 percent, to close at $38.23. Since then, the stock price fell for eight weeks and increased for three.
Here's are the closing prices each week since the first day of trading on May 18:
? May 25: Closed at $31.91, down 17 percent for the week.
? June 1: Closed at $27.72, down 13 percent for the week.
? June 8: Closed at $27.10, down 2.2 percent for the week.
? June 15: Closed at $30.01, up 11 percent for the week.
? June 22: Closed at $33.05, up 10 percent for the week.
? June 29: Closed at $31.09, down 5.9 percent for the week.
? July 6: Closed at $31.73, up 2.1 percent for the week.
? July 13: Closed at $30.72, down 3.2 percent for the week.
? July 20: Closed at $28.76, down 6.4 percent for the week.
? July 27: Closed at $23.71, down 18 percent for the week.
? Aug. 3: Closed at $21.09, down 11 percent for the week.
Source: http://www.seattlepi.com/business/article/Weekly-changes-in-Facebook-stock-prices-3761158.php
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