Facebook Stock Struggles

CREATED Aug. 17, 2012

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(Las vegas, NV)- Facebook is just trying to tread water.

Its stock was only 1-cent short of reaching $19 a share today.

Translation: it's now worth half of what it was selling for when it started public trading in may at 38-dollars a share.

Facebook stock closed on its first day of trading just above the IPO and hasn't seen that number since.