Tag Archives: Stock
With Facebook share price still pouring down, traded last day at 19.10 (down 1.24%), another company’s face, the co-founder Dustin Moskovitz selling his social giant shares. Moskovitz has sold a total of 450,000 Class A shares at prices ranging from $19.19 to $19.22 a share. Moskovitz also owns 106.8 million B shares, which he could convert anytime to Class A share...
America Online (AOL) announced today that it has agreed to repurchase $600 million worth of common stock under the ASR Agreement with Barclays Bank and expects to receive shares throughout the remainder of the year and a substantial majority of the shares underlying the transaction before year-end, including approximately 4 million shares that Barclays will deliver to...
PayPal co-founder and Facebook director Peter Thiel has sold his majority of shares, according to an SEC filing in a pre-arranged deal which was set before Facebook’s IPO, when the stock was at $38 and not on $20. Thiel has sold 20.6 million Class A shares, which means that now he left with only 5.6 million shares, all of which as Class A. Thiel sold the shares at an...
Although Facebook stock last traded bit good low at 19.87 per share, -1.33 (-6.27%), CNN reports that about 22 million shares traded in the first ten minutes of the day which means around 271 million shares of social giant are on sale. While, according to CNBC, Accel Partners is planning to sell 50 million shares. The publication called the sell out as the “bulk”...
