SVVC, GSVC Slammed On Weak Facebook IPO Action
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Firsthand Technology Value Fund (Nasdaq: SVVC) and GSV Capital Corp (Nasdaq: GSVC) are under heavy pressure after the Facebook (Nasdaq: FB) IPO was not a huge success. Shares are trading at $40 after pricing at $38.
GSVC is down 12%, SVVC down 21%.
GSVC is down 12%, SVVC down 21%.
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