at Investor's Business Daily (Fri, 2:04PM)
Facebook's (FB) institutional investors are taking advantage of the boosting of the company's IPO offering size and price range to cash out. According to its latest S-1, VC backer Accel Partners will sell up to 28% of its stake, while Peter Thiel, Goldman Sachs, and Tiger Global each plan to sell up to 50%. Facebook's IPO insider selling is much higher than that seen for LinkedIn, Groupon, and Zynga's offerings, and is arguably a warning for investors tempted to chase the stock after it opens.
How did this change your view of ?
More Bullish More Bearish It Didn't
This impact ()
Thanks for sharing your thoughts.
Submit & View Results
From other sites
at Investor's Business Daily (Thu, 4:17PM)
at Zacks.com (Thu, 2:21PM)
at Zacks.com (Thu, 11:50AM)
at Nasdaq.com (Thu, 9:50AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs