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November 22, 2012 06:23 am GMT
Today, Facebook shares (NASDAQ:FB) have jumped 5.28 percent, closing at 24.32. In fact, it represents a four-month high for Facebook, as shares have not traded at this level since the first lockup expirations. Last Wednesday, Facebook experienced its biggest lockup expiration. To everyone's surprise, shares popped more than 10 percent in a few minutes. Today confirms that the worst has passed.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9aSxDCuX-_0/
Surprise: Facebook Stock Up 28% In Past Month, Highest Since July
Today, Facebook shares (NASDAQ:FB) have jumped 5.28 percent, closing at 24.32. In fact, it represents a four-month high for Facebook, as shares have not traded at this level since the first lockup expirations. Last Wednesday, Facebook experienced its biggest lockup expiration. To everyone's surprise, shares popped more than 10 percent in a few minutes. Today confirms that the worst has passed.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9aSxDCuX-_0/
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