Tuesday, 7 May 2013

Facebook shares drop 3.8pc as employees offload stock - Telegraph.co.uk

The restriction which expired on Thursday is one of a number of lock-ups on Facebook shares. The social network's early investors, including Goldman Sachs Group, Accel Partners, DST Global and Elevation Partners, were only allowed to sell their stakes on 16 August, while Facebook's founder and president, Mark Zuckerberg, will not be able to off-load any of his stake before September 2013.

No comments:

Post a Comment