By: Benzinga
Mid-Morning Market Update: Markets Open Lower; Facebook Acquires Onavo
Following the market opening Monday, the Dow traded down 0.56 percent to 15,151.54 while the NASDAQ declined 0.52 percent to 3,772.24. The S&P also fell, dropping 0.54 percent to 1,694.05. Top Headline Facebook (NASDAQ: FB ) has acquired mobile tech startup Onavo for an undisclosed sum. Onavo was founded in 2010 and
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