Financial News - Facebook stock jumps 12.6 pct as share lockup expires

Started by MikeLigalig.com, November 15, 2012, 12:00:14 PM

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MikeLigalig.com

November 15, 2012, 12:00:14 PM
Facebook stock jumps 12.6 pct as share lockup expires

SAN FRANCISCO - Shares of Facebook Inc jumped nearly 13 percent on Wednesday, as investors breathed a sigh of relief that expiring trading restrictions on a huge block of shares failed to trigger an immediate wave of insider selling.

Source: Facebook stock jumps 12.6 pct as share lockup expires
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