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Facebook Shares Rise as Lock-Up Expires

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  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 1:04
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All what we got -- Abercrombie & Fitch does not bode that was a huge winner is still.

Yeah it was a really big loser this year it's pretty surprising to see them come out with these numbers of the stock.

Has been up well over 25%.

This morning.

They came out with earnings that rose.

40%.

Strong margins they talked about the US CEO -- seeing healthy growth and improvement there.

So that's great news for Abercrombie which through yesterday's close was down 36%.

This year okay now I wanna go to FaceBook.

I know it's all.

And I'm surprised at that because as of today 800 million shares of FaceBook could go on sale from the people who got him in the IP.

-- diet lock up expiration right and so yes we do see insiders having the ability to sell -- today they have a headline and that is that the chief financial officer officer.

From -- got is heading over to FaceBook whether or not that's worth that 10% now back I don't know about that but.

It's an up -- today they'll take it until article thank -- -- much indeed.

Got to get to another value -- ten.

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