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Facebook Shareholders May Be in for Volatile Ride

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  • Description

    FBN's Shibani Joshi weighs in on Facebook's stock sell-off.

  • Duration 1:43
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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.

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