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Markets Near 5-Year Highs

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  • Description

    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  • Duration 0:58
  • Date

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All right everybody got excited that the share price of FaceBook is down again this morning.

At this moment we have FaceBook -- 1979.

-- 23 cents.

The company is worth only slightly more than.

Its IPO price and -- that deal before the Facebook's earliest investors he sold roughly twenty million shares yesterday after the lock up period -- five.

Result in fact most of the stake in the company.

A group on the falling to new lows Barclays downgrading and lowering its price target of four dollars and chef from a -- Those of a new Internet IPOs would look at so called all the intimate thoughts Priceline Amazon Netflix -- that role nicely higher today.

As all the market's overall the Dow Industrials up 54 points off just a few points away from the highest level since December of 07.

What out of your visit -- gonna keep the bailout money -- -- facts while market is moving out.

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