Facebook (FB -1.2%) gives back a sliver of yesterday's post-earnings gains after S&P's Scott...

|About: Facebook (FB)|By:, SA News Editor

Facebook (FB -1.2%) gives back a sliver of yesterday's post-earnings gains after S&P's Scott Kessler downgrades shares to Hold, declaring them "fully valued" after the run-up. Kessler also notes Facebook's upcoming lockup expirations - 234M shares become eligible for sale on Monday, and another 777M on Nov. 14 (this excludes the ones held by Mark Zuckerberg, who won't be selling). Facebook's decline comes even though Zynga is rocketing higher following its Q3 report.