Thursday, August 16, 2012

As Investors Unload Facebook Shares, Stock Tumbles Below $20

[![][1]][2]Thursday was the first day that major investors in [Facebook could sell their shares][3] — and one company did just that. [Accel Partners][4], one of the earliest investors in the social network, reportedly [sold 50 million shares of Facebook][5] (total worth: roughly $1 billion). Others could follow suit soon. Facebook's stock, which closed Wednesday at $21.20 per share, [fell to $19.87 when the closing bell rang][6] Thursday.

[continued…][7]

New Career Opportunities Daily: The [best jobs in media][8].

[![][9]][10]
[![][11]][12]

[![][13]][14] [![][15]][16] [![][17]][18]

![][19]

[1]: http://allfacebook.com/files/2012/08/shutterstock_82482805.jpg (shutterstock_82482805)
[2]: http://allfacebook.com/files/2012/08/shutterstock_82482805.jpg
[3]: http://allfacebook.com/facebook-stock-falls-below-20_b96260
[4]: https://allfacebook.com/does-accel-have-a-new-facebook-fund_b2799
[5]: http://www.cnbc.com/id/48693666
[6]: http://money.cnn.com/quote/quote.html?symb=FB
[7]: http://allfacebook.com/facebook-stock-sell_b97523#more-97523
[8]: http://www.mediabistro.com/joblistings/?c=rss
[9]: http://feedads.g.doubleclick.net/~a/vOPAuwEwHn0dHkS3tiVVqixtPlY/0/di
[10]: http://feedads.g.doubleclick.net/~a/vOPAuwEwHn0dHkS3tiVVqixtPlY/0/da
[11]: http://feedads.g.doubleclick.net/~a/vOPAuwEwHn0dHkS3tiVVqixtPlY/1/di
[12]: http://feedads.g.doubleclick.net/~a/vOPAuwEwHn0dHkS3tiVVqixtPlY/1/da
[13]: http://feeds.feedburner.com/~ff/allfacebook?d=pnQdOprp5To
[14]: http://feeds.feedburner.com/~ff/allfacebook?a=6N6YN6Now7Y:KMx3WYpw044:pnQdOprp5To
[15]: http://feeds.feedburner.com/~ff/allfacebook?d=qj6IDK7rITs
[16]: http://feeds.feedburner.com/~ff/allfacebook?a=6N6YN6Now7Y:KMx3WYpw044:qj6IDK7rITs
[17]: http://feeds.feedburner.com/~ff/allfacebook?i=6N6YN6Now7Y:KMx3WYpw044:gIN9vFwOqvQ
[18]: http://feeds.feedburner.com/~ff/allfacebook?a=6N6YN6Now7Y:KMx3WYpw044:gIN9vFwOqvQ
[19]: http://feeds.feedburner.com/~r/allfacebook/~4/6N6YN6Now7Y

URL: http://feedproxy.google.com/~r/allfacebook/~3/6N6YN6Now7Y/facebook-stock-sell_b97523

No comments:

Post a Comment