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Why Facebook Stock Bounced Back Today
On a mixed day for the stock market — the Dow is down a small fraction of a percent, while the Nasdaq is up a slightly larger fraction of a percent — Facebook (NASDAQ: FB) stock is shining today, with its shares rising 2.2% as of 11:15 a.m. EDT. You all know the story on Facebook of late. For much of this month, the stock’s been lagging as first The Wall Street Journal, then The New York Times, and finally the U.S. Congress itself have been critical of its business practices.