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Facebook Shares Hit Record Low

Fri 17 Aug 12 | 03:15 AM ET
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Facebook Shares Hit Record Low

Fri 17 Aug 12 | 03:15 AM ET
Tim Daniels, TMT sector strategist at Olivetree Securities, told CNBC, investors got spooked yesterday as Peter Thiel one of the early stage investors in Facebook converted some of his B shares to A shares.
 
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