Facebook stock hit a new low on Tuesday as filings showed that a Facebook executive is unloading more shares and that CEO Mark Zuckerberg is pledging to keep all of his stock for at least a year.
A regulatory filing by the Menlo Park, Calif.-based company also revealed that Facebook is moving up the expiration date of a post-IPO ban on stock sales by employees by two weeks.
Facebook's stock (FB) fell to $17.55 in Tuesday trading, its lowest point ever, and closed down 33 cents at $17.73, its lowest close since its May IPO. The stock was down 1.8% for the day, and it has tumbled 53% from its IPO price of $38.
Filings also showed that Facebook co-founder Dustin Moskovitz is shedding another 450,000 of the social networking company's shares, for a take of about $8.3 million.
Moskovitz has been selling 150,000 shares a day and disclosing the sales every three days. Including the most recent sales, he still holds about 132 million shares.
The latest filing was made Tuesday and covered sales since last Thursday. He sold shares at prices ranging from $17.56 to $19.42.
Moskovitz, 28, was Zuckerberg's Harvard roommate when they founded Facebook in 2004. He left in 2008 and started the software company Asana.
A regulatory filing also indicated that Zuckerberg won't sell stock in the company for at least the next 12 months.
Many of Facebook's rank-and-file employees can start selling stock they own on Oct. .
Facebook stock hit a new low on Tuesday as filings showed that a Facebook executive is unloading more shares and that CEO Mark Zuckerberg is pledging to keep all of his stock for at least a year.
A regulatory filing by the Menlo Park, Calif.-based company also revealed that Facebook is moving up the expiration date of a post-IPO ban on stock sales by employees by two weeks.
Facebook's stock (FB) fell to $17.55 in Tuesday trading, its lowest point ever, and closed down 33 cents at $17.73, its lowest close since its May IPO. The stock was down 1.8% for the day, and it has tumbled 53% from its IPO price of $38.
Filings also showed that Facebook co-founder Dustin Moskovitz is shedding another 450,000 of the social networking company's shares, for a take of about $8.3 million.
Moskovitz has been selling 150,000 shares a day and disclosing the sales every three days. Including the most recent sales, he still holds about 132 million shares.
The latest filing was made Tuesday and covered sales since last Thursday. He sold shares at prices ranging from $17.56 to $19.42.
Moskovitz, 28, was Zuckerberg's Harvard roommate when they founded Facebook in 2004. He left in 2008 and started the software company Asana.
A regulatory filing also indicated that Zuckerberg won't sell stock in the company for at least the next 12 months.
Many of Facebook's rank-and-file employees can start selling stock they own on Oct.
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Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day. Facebook Inc. hit a new low of $18.75 before bouncing back to $20.01 by the time the stock market closed. (Aug. 20)
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Sintex Industries is one of the leading company in the fab and moulding sector. The company is showing growth for the last many quarter except during demonetization quarter. Company invested billions of INR in new plants and now the plants started generating revenue. The P/E Ratio of the company is way lower than Industry P/E. Sintex Industry also received the No objection to demerge its Moulding and Prefab business. Its the best time to accumulate Sintex Industries in small number and hold it for more than one year. Post demerger, Sintex Industries current shareholders will get the additional share of Sintex Plastic Ltd which will be listed in the stock market. The Long term value investor should not hear but play on the fundamental of the stock. Please consult your financial advisor before investing
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The Indian equity markets' stellar rally on the back of the government's corporate tax break announcement was broken on Wednesday as the key indices opened in red on the back of weak global cues. At 09:18 am, the BSE S&P Sensex was down by 200 points at 38,897 while the Nifty 50 down by 54 points at 11,533.
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Watch Sensex sheds 250 points on weak global cues; Nifty slips below 11,550 With HD Quality
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Domestic stocks declined in the early trade amid weak global cues. Market benchmark BSE Sensex was down by 100 points or 0.25 per cent at 38,724.25 while the broader NSE Nifty slipped by 31.10 points or 0.27 per cent to 11,481.30.
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Watch Sensex sheds 100 points on weak global cues, Nifty slips below 11,500 With HD Quality
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OPENING BELL: Sensex sheds 100 pts, Nifty slips below 11,900; Ashok Leyland drops 5%, SCI climbs 8%
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Facebook's stock got some reprieve in after-hours tradingDone Tuesday after the company said its CEO, Mark Zuckerberg, won't sell stock in the company for at least the next 12 months.
Investors have been concerned with the expiration of lockup periods that allow insiders to sell stock in Facebook. If a lot of shares flood the market the stock price may fall. Adding to those worries, Peter Thiel, a board member and Facebook's earliest big investor, has shed most of his holdings in the Menlo Park, California-based company.
In the Tuesday regulatory filing, Facebook allayed some of those fears. In addition to its disclosure about Zuckerberg's plans, it said that two of its board members, Marc Andreessen and Donald Graham, plan to sell shares to cover taxes, but have no ``present intention'' to sell any additional stock.
Earlier in the day the social media company's stock fell to its lowest point since its initial public offering after an analyst for the bank that orchestrated its IPO cut his target price on the stock to $32 from $38 saying that its mobile advertising revenue is just starting to grow. The latter was Facebook's IPO price _ the one it hasn't hit since its first day of trading on May 18.
Morgan Stanley analyst Scott Devitt still has an ``Overweight'' rating on Facebook stock. Doug Anmuth, an analyst at JPMorgan, which was another large underwriter o
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On Thursday today, the Sensex and the Nifty slumped more than 3 per cent to their lowest since May 2014 and headed for a fourth consecutive session of losses after Fed chair Janet Yellen kept options open for more US rate hikes.
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IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 1281 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
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Watch as our employees try to guess the famous cricketers from just a few clues. Can you beat them at their own game? Test your cricket knowledge and see how many cricketers you can guess correctly. Don’t forget to like, comment, and subscribe for more fun office challenges and cricket trivia! #CricketChallenge #OfficeFun #guessthecricketer #crickettrivia
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IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 693 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 612 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
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মানুহৰ জীৱনৰ ধৰ্ম আৰু কৰ্ম কিহৰ দ্বাৰা পৰিচালিত হয়?
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ভগৱান শ্ৰীকৃষ্ণৰ জীৱন দৰ্শনৰ পৰা আমি কি কি কথা শিকা উচিত?
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চুতীয়া শব্দৰ উৎপত্তি আৰু চুতীয়া সকলৰ ইতিহাস
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Neel Akash live music show 2024 Rongali Bihu || Asin Ayang mane ki? ||
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