Call it the most disappointing $16 billion raised in investment history.

Facebook stock is off to a rocky start after its highly anticipated initial public offering (IPO), jumping more than 10 percent in the first few minutes of trading before sellers swept into the market and that gain evaporated.

“The stock is trading right at the IPO price,” one expert told the L.A. Times. “They didn’t want that in a million years. A traditional IPO is up 10% or 15%.”

The stock most recently hovered at about $40, only $2 above what shares were priced at late Thursday. Shares touched $38 multiple times

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