Facebook (FB) zooms as lockup expires
Posted on November 14, 2012 at 10:37 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Facebook Inc. (NASDAQ: FB) shares rocketed up 9.1% to $21.67 ahead of Wednesday’s lockup expiration, which could make 800 million shares available for sale. Share volume was 93.9 million proved nearly twice its daily average /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}