According to businessinsider: everybody knew that today was
the day when insiders could dump millions of Facebook shares for the first time
after the IPO.
Earlier this week we listed the insiders who could sell up
to 268 million shares. And yet despite everyone being totally aware that this was
going to happen, the stock is tanking. It's
down about 6%, and it has fallen below $20. In fact it as hit a new low.
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