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Facebook shares jumped more than 10% within minutes of making their stock market debut on the Nasdaq exchange.
Shares in the social networking site rose to $42, having been initially priced at $38 each, before falling back to trade flat.
Mark Zuckerberg, 28, who started Facebook while at university, remotely opened trading on the Nasdaq earlier.
He appeared via a video link from a celebration at the firm's headquarters in California.
There had been a delay of about half an hour in the start of trading in Facebook shares, which analysts say reflected the huge demand for the stock.
The $38 initial share price values the eight-year-old social network site at $104bn (£66bn).
Strong demand had led the CLICK HERE
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Facebook shares spike on stock market debut
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