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still 30.8 percent lower than the $38 price demanded for shares inthe company's initial public offering. Three weeks after thecompany set a record with a $104 billion valuation at the time ofits IPO, Facebook has a market capitalization of $72.1 billion. Other Silicon Valley tech stocks were hit especially hard Thursday,with Wednesday's gains disappearing. Advanced Micro Devices dropped4.3 percent, Nvidia fell 4 percent, Zynga descended 2.2 percent, and Hewlett-Packard ( HPQ ) and Oracle ( ORCL ) declined 1.3 percent apiece, with the Redwood City software giantfailing to see a stock bump from its Wednesday cloud announcement. Two social-media stocks managed to gain even as tech stocks andFacebook headed downhill, however. San Francisco online-reviewssite Yelp surprisingly jumped 6.4 percent Thursday, finishing thesession at $17.52, its highest closing price in almost two weeks.LinkedIn also had a positive day with a 1.1 percent gain, bouncingback from Wednesday's password-theft debacle . Apple beefs with Samsung, has new iPhone carrier Apple continued to fight for dominance in the smartphone marketThursday, as the iPhone found a new distributor with a differentpricing plan and the Cupertino tech giant battled with Samsung. Virgin Mobile, Sprint's prepaid brand, announced that it would sell the iPhone for much more than other carriers, but provide service for thephone for $30 a month, a large discount. The Associated Presspointed out that the plan would allow a user to pay $800 less forthe popular smartphone and coverage in two years than on a Sprintplan. In the Bay Area, a court battle in which Apple seeks to ban Samsung's new Galaxy S III phone from the U.S. market began, with Samsung -- the world's leadingcellphone manufacturer -- promising a fight . For live updates from the trial, follow Mercury Newscourts reporter Howard Mintz on Twitter , @hmintz . Apple stock gained slightly at 0.05 percent Thursday to close at$571.72. Silicon Valley tech stocks Up: Yelp, LinkedIn, Apple Down: Juniper, AMD, Nvidia, SunPower ( SPWRA ), NetApp, Zynga, Electronic Arts ( ERTS ), Symantec, Netflix ( NFLX ), Facebook, VMware, Jive, Intuit ( INTU ), Hewlett-Packard, Oracle, Splunk, Tesla The tech-heavy Nasdaq composite index: Down 13.7, or 0.48 percent,to 2,831.02 The blue chip Dow Jones industrial average: Up 46.17, or 0.37percent, to 12,460.96 And the widely watched Standard & Poor's 500 index: Down 0.14,or 0.01 percent, to 1,314.99 Check in weekday afternoons for the 60-Second Business Break, asummary of news from Mercury News staff writers, The AssociatedPress, Bloomberg News and other wire services. Contact Jeremy C.Owens at 408-920-5876; follow him at Twitter.com/mercbizbreak. We are high quality suppliers, our products such as China LED Supplier , LED Manufacturer for oversee buyer. To know more, please visits China Indoor Led Screen&&Indoor Led Screen Supplier.
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