SAN FRANCISCO (Reuters) - Facebook Inc shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems that marred the coming out party of the No. 1 online social network.
Facebook shares opened 11% higher on Friday, after the social network site raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history.
Police have arrested a man they believe is responsible for two highway killings. Officials theorize that the shooter had impersonated a police officer.