Also in this playlist...
This transcript is automatically generated
It also now look at FaceBook today the shares -- -- another all time low desk today so.
More shares possibly now being.
Dumped on the market.
Running -- -- more details cushioned by this us heavy amount.
Supply cut on hit the market in the coming weeks absolutely.
-- date ending -- you're absolutely right more pressure for shareholder -- of FaceBook FB shares of Burton continues on Wall Street.
As FaceBook shares -- another all time low today down basically.
Ever since -- company reported its first public and earnings report -- says -- -- about three days ago shares at an all time low down 45%.
Since CI PO in mid may.
They talk gazes this selloff today is because of those numbers say UBS released related to their investment in the IPO.
I had -- 375.
Million dollars in losses -- -- overall this echoes are growing sentiment on Wall Street.
With anything social related today we're seeing stocks.
Groupon -- -- and other social media really the model being thrown into question.
Still unproven and as a result a selloff on Wall Street today expect pressure on face the -- to continue as employees start to cash and couple of important dates here August 16 as -- first state that officers.
Directors employees will be able to sell their shares we expect 216 million shares enter the market then.
After that about ninety days after that a 137.
Million into the market as you mentioned day -- in Connell.
Increase in supply decrease in demand -- pressure on FaceBook shares expect that continue its can be a very volatile ride.
For anyone that owns a stock over the next ninety days as more and more.
Shares and to the markets.
-- really go back to see even more breaking news question.
Filter by section