FB: Hurricane Sandy And NASDAQ Closure Interferes With Post-IPO Facebook Stock Lockup

Hurricane Sandy And NASDAQ Closure Interferes With Post-IPO Facebook Stock Lockup
by TechCrunch

By Leena Rao
Another unfortunate effect of Hurricane Sandy — Facebook (FB) employees and shareholders whose lockup expired today may have to wait a few more days before selling shares. Today, lockups expired on 234 million shares, allowing these shareholders to trade their stock on the public markets. Except the public markets are closed today, due to the onslaught of Hurricane Sandy in the New York area. read more »

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