Facebook sold shares of stock for the first time in an IPO on May 18, 2012. The stock originally sold for $38 per share. As of October 19, 2012, a share of Facebook stock was valued at $19 per share
The decrease in the value of a share of Facebook purchased in May and still owned in October is called A) a capital gain.
B) a capital loss.
C) gross investment.
D) net investment.
B
Economics
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