‘Facebook Stock Up as Zuckerberg Commits to Not Sell’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Facebook Stock Up as Zuckerberg Commits to Not Sell”.
Seth Fiegerman says, “Facebook stock shot up more than 4% in early trading on Wednesday morning, following the news that the company’s CEO Mark Zuckerberg will not sell off any shares for at least the next year.
The stock had closed below $18 for the first time on Tuesday after analysts with Morgan Stanley and JP Morgan, the two largest underwriters for Facebook’s IPO, cut the company’s price targets for the next 12 months”.
Facebook Stock Up as Zuckerberg Commits to Not Sell
Mashable.com
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