Facebook shares to come under further pressure
Facebook shares, which fell to a record low after insiders could sell stakes for the first time since the IPO, are set to face more pressure.
Facebook shares, which fell to a record low after insiders could sell stakes for the first time since the initial public offering, will face more pressure when another 1.44 billion shares are freed up through November.
Facebook last week unlocked 271.1 million shares, the first of five insider sale restrictions scheduled during its first year as a public company.
While Facebook chief executive Mark Zuckerberg operates the world’s largest social-networking service, he’s facing investor concerns about how...
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