Brett Molina

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It appears investors aren't liking Facebook's acquisition of virtual reality startup Oculus.

Shares of the social network are down more than 6% in afternoon trading following news of the company's surprising $2 billion deal to scoop up Oculus. The deal is expected to close in the second quarter of 2014.

"Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate," said Facebook CEO Mark Zuckerberg in a statement.

Oculus' virtual reality headset, Oculus Rift, has generated lots of buzz in the video game world, but questions remain about how the headset can expand beyond gaming.

Sterne Agee analyst Arvind Bhatia says Facebook views Oculus as the future of the Web. "The rationale is if Facebook can own the pipe, the platform or the operating system of the future, it will have much greater control over its destiny," he says.

Meanwhile, Candy Crush Saga makers King kicked off their first day trading on the New York Stock Exchange on the slide. Shares dipped below $20 in morning trading after the company opened with its IPO price of $22.50.

Follow Brett Molina on Twitter: @bam923.