Facebook Inc.'s stock climbed $1, or 3.2 percent, to close at $32 on Wednesday, but it is still trading nearly 16 percent below its $38 initial public offering price. The stock's rocky inaugural trading day Friday was followed by a two-day decline. (Associated Press)

Facebook Inc.'s stock climbed $1, or 3.2 percent, to close at $32 on Wednesday, but it is still trading nearly 16 percent below its $38 initial public offering price. The stock's rocky inaugural trading day Friday was followed by a two-day decline. (Associated Press)