Reuters
Technology
Facebook plumbs new lows as sales curbs start to expire
Thu, Aug 16 19:46 PM EDT

By Alexei Oreskovic and Ryan Vlastelica

SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc shares sank 6.3 percent to a record closing low after early investors got the greenlight to sell for the first time since the No. 1 social network went public, starting a string of insider lockup expirations that will pressure the stock for months.


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