With Glut of New Facebook Shares Freed, Analyst Predicts Stock Could Hit $15
Today, the third tranche of restrictions locking up Facebook shares expires, and the quantity of shares available to trade – roughly 800 million, or 36 percent of the stock outstanding -- is stunning. The big questions, of course, are how many shareholders – and, importantly, which of them -- will use the occasion to turn that stock into cold, hard cash.
14 November 2012•3 mins read
