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Facebook launches mobile games distribution platform

31st July 2013 8:33 am GMT

Shares in Facebook hit a new 52-week high in New York yesterday after the social network site announced plans to launch a new mobile games publishing program to aid small to medium-sized developers.

The company’s shares closed at $37.63 per share yesterday, just below last year’s initial public offering price of $38.00, following gains of 4.18 per cent on Monday and 6.20 per cent yesterday. This followed a 29.61 per cent increase in Facebook’s shares last [...]

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