Tuesday, November 13, 2012

FB: After rallying yesterday, Facebook (FB -1.5%)...

11:36 AM After rallying yesterday, Facebook (FB -1.5%) is selling off ahead of tomorrow's 773M-share lockup expiration. The decline comes as an NYT column notes Facebook is dealing with a rising tide of fake profiles and pages, created either for marketing or privacy purposes. Meanwhile, Mark Cuban is threatening to yank the Dallas Mavericks' Facebook page over the steep fees Facebook charges for Promoted Posts, as well as algorithm changes (supposedly to fight spam) that often de-emphasize regular posts from brands. (Read the comments on this)

See more Market Currents on Tech, On the Move

Recent articles on FB:
Putting A Value On Facebook by RealDealStocks


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