What Upgrade? Facebook (FB) Moves Below $19 as Sentiment Continues to Wane
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Facebook (Nasdaq: FB) is shaking off an upgrade at Capstone Investments earlier, having broke below the $19 level once again Monday.
Shares are down 0.6 percent to the high-$18 range.
Facebook fell lower upon post-IPO lock-up expiration last Thursday, flooding the market with an additional 271.1 million shares. In addition, about 1.44 billion shares might be unloaded through November.
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Shares are down 0.6 percent to the high-$18 range.
Facebook fell lower upon post-IPO lock-up expiration last Thursday, flooding the market with an additional 271.1 million shares. In addition, about 1.44 billion shares might be unloaded through November.
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