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Facebook fails to wow investors 2012 26 07

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The social media company said it took a net loss overall of $157 million, or 8 cents per share, in the second quarter.
Facebook fails to wow investors 2012 26 07

Facebook released an unexciting earnings report Thursday posting a net loss of $157 million. Investors immediately dropped shares in the company, which fell by 8 percent in after hours trading.

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