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Tuesday, May 21, 2013 3:41:42 AM EDT

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Facebook shares rise 2% on 5th trading day

5/24/12 9:44 AM ET (MarketWatch)

SAN FRANCISCO (MarketWatch) -- Facebook Inc. shares rose more than 2% to $32.71 in early trades on Thursday morning, setting up the social network for its second consecutive session of gains following its controversial initial public offering last week. The stock remains about 14% below its IPO price. Facebook began trading last Friday on the Nasdaq.