Firm: Facebook IPO Glitches Cost More Than NASDAQ Payback Plan

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The technical glitches that beset Facebook’s intial public offering on May 18 may have cost investors up to $200 million, or $160 million more than the payback plan offered by the NASDAQ OMX exchange, according to an estimate by the Knight Capital Group Inc., which told Bloomberg it alone lost $30 million as a result of the errors. 

(H/T: CNET)

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