Tommorrow is a Big Day for Facebook’s Stock

Today is Wednesday and 234 million shares of Facebook’s stock have freed up. This gives Facebook employees a chance to sell off their shares. The employees have watched for 5 months as Facebook’s stock has dropped tremendously . After watching the large drops in price almost 20 dollars in early september. The employees finally have a chance to sell their shares. What everyone wants to know for today is what the employees of Facebook will do. Will they sell their shares and send a bad signal to investors or stay and keep imporving the company. Peter Thiel, a first investor in facebook sold his 22 million shares and put up a warning to investors which hurt the stock of the company. If the employees decide to sell their shares Facebook could be looking at more troubling days in the stock market.

http://mashable.com/2012/10/30/facebook-lockup-expires/

Advertisements