Facebook's shares are down nearly 18% from its IPO price since it started trading on Nasdaq
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"It's a day trader's paradise right now. There's high volatility and
high volume," said Douglas DePietro, managing director for sales trading
and trading execution at Evercore Partners.
While volatile, frenetic trading is not unusual in the first few days after a large IPO, in the case of Facebook both the overall trading volume and Nasdaq's problems executing trades amplified the moves.
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