Facebook (FB) Rockets Higher Despite Massive Lock-Up
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IPO Lock-Up, Fiscal Cliff Could Intesify Selling in Facebook (FB) Shares, But All is Not Lost
November 14, 2012 8:48 AM ESTAll eyes will be on Facebook (NASDAQ: FB) Wednesday ahead of a massive IPO lock-up expiration.
Today, 852 million Facebook shares, or 35% of the outstanding shares, will be available for sale into the public market. This consists of 804 million shares off lock-up and options to purchase 48.3 million shares.
Analysts at Cantor Fitzgerald are recommending long-term investors buying into any weakness. "We recommend patient investors... More
Facebook (FB) Falls as Another Lock-Up Expiration Looms; a Buying Op?
November 12, 2012 11:22 AM ESTAnother day, another Facebook (Nasdaq: FB) IPO lock-up expiration.
Shares of Facebook are lower Monday, a few days before a multi-million share lock-up expiration is set to go off. On November 14th, lock-ups totaling 804 million shares will expire. Though widely anticipated, Monday's price action... More
