Facebook jumps as lockup expires on big block of shares
Photo credit: Bloomberg News | The Facebook Inc. logo is displayed at the company's office in New York. (Dec. 20, 2011)
Zuckerberg says Facebook has overcome hurdles
Facebook: One billion served
Zuckerberg meets Russian PMShares of Facebook Inc jumped as much as 11.2 percent on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company's disappointing debut in May.
Facebook shares were up 8.5 percent at $21.54 in heavy morning trade on the Nasdaq, off an earlier high at $22.09.
"While the lockup is expiring, there is nothing...
