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October 29, 2012 09:08 pm GMT
Another unfortunate effect of Hurricane SandyFacebook employees and shareholders whose lockup expired today may have to wait a few more days before selling shares. Today, lockups expired on 234 million shares, allowing these shareholders to trade their stock on the public markets. Except, the public markets are closed today, due to the onslaught of Hurricane Sandy in the New York area.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zUx1suL_klY/
Hurricane Sandy And NASDAQ Closure Interferes With Post-IPO Facebook Stock Lockup
Another unfortunate effect of Hurricane SandyFacebook employees and shareholders whose lockup expired today may have to wait a few more days before selling shares. Today, lockups expired on 234 million shares, allowing these shareholders to trade their stock on the public markets. Except, the public markets are closed today, due to the onslaught of Hurricane Sandy in the New York area.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zUx1suL_klY/
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