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Deluge of Facebook Stock on the Horizon?
Written by Pat's Papers | Friday, 26 October 2012 8:12 AM
Facebook employees will be able to sell their shares starting Monday, reports USA Today this morning. Their holdings account for 11 percent of the company’s total shares. The paper says there’s a potential for the market to be flooded with stock, just as investors are starting to get interested again and will also be the first time “Wall Street gets to see how much Facebook employees ‘like’ their company’s stock.”
SOURCE: USA Today
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