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Facebook logo is seen on a screen inside at the Nasdaq Marketsite in New York
Facebook options volume explodes as stock hits new low
By Angela Moon and Doris Frankel REUTERS - A sharp decline in Facebook Inc shares has many investors scrambling for options to hedge the risk of further near-term weakness in the company's struggling stock. Volume on Facebook options soared on their first trading day on Tuesday as the underlying stock plunged below $29 a share for the first time, down more than 24 percent from its initial public
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