TECH

Why Facebook's Stock Is Tanking

08/19/2012 01:24 pm ET

The answer may lie in Facebook’s dominant role within the digital sector: it’s the industry’s marquee business and its most-watched IPO ever. While initial bad news for a smaller company might have been attributed to opening-day jitters, Facebook’s dreary debut was seen as a death knell for the IPO market, and for the digital revolution writ-large.

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