It's been more than a year since Facebook's stock debuted at $38 in its initial public offering. But after a problematic start and an eventual slide below $20, the company saw its shares reach that initial price in early trading Wednesday, one week after it reported strong advertising revenue.
"Before Wednesday's opening bell, the shares rose as high as $38.05, before settling back down to $37.95," the AP reports. "On Tuesday, the shares closed up 6 percent after coming within pennies of the IPO price."
Baseball fans often declare their love of the game's rhythm, its quiet pauses and bursts of action. For such people, watching a game on TV can be a struggle, particularly if they're annoyed by the chatter of announcers. Fans in Detroit had another option last night: watching a TV broadcast that included only the natural sounds of the ballpark.
Now we'd like to talk about another body of research that's also challenging assumptions, very old assumptions about the effects of cocaine addiction. During the crack epidemic of the 1980s and '90s, healthcare workers feared that children born to addicted mothers had little hope for a healthy future. But a newly released study suggests that initial concerns about so-called crack babies may have been misplaced, and that the biggest issue that could hurt these kids was not drug exposure, but poverty.