To continue getting breaking news and the full stories from The Boston Globe, subscribe today.

The Boston Globe

Business

Market movers

Facebook stock falls a 3d day

First-day euphoria has faded at Facebook. Above, CEO Mark Zuckerberg on a screen at company headquarters.

Shannon Stapleton/REUTERS

First-day euphoria has faded at Facebook. Above, CEO Mark Zuckerberg on a screen at company headquarters.

Facebook Inc. tumbled 8.9 percent to $31, extending Monday’s 11 percent plunge, on its third day of trading after selling shares at $38 in the biggest IPO for an Internet company. The plunge had investors faulting Morgan Stanley’s role as lead underwriter, the company’s greed, and the Nasdaq’s mishandling of the first day of trading.