Zuckerberg Unloads $2.3 Bln Worth of FB Shares - Presented by: The Aol. On Network

Anyone who didn't jump on the Facebook bandwagon when the social network first went public a year and a half ago, may be glad to hear a new block of stock is coming to market. Founder and CEO Mark Zuckerberg is selling over 41 million Class A shares worth about $2.3 billion. Most of this money will go to the IRS in taxes for buying Class B shares, which hold more voting control, though the swap will slightly reduce Zuckerberg's overall voting power.



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Company Last Sale Change Net / %
BAC $ 16.13 0.03 ▼ 0.19%
AAPL $ 101.32 0.74 ▲ 0.74%
CRM $ 59.80 4.09 ▲ 7.34%
GE $ 26.15 0.28 ▼ 1.06%
CSCO $ 24.65 0.24 ▼ 0.96%
QQQ $ 99.05 0.15 ▲ 0.15%
INTC $ 34.94 0.21 ▼ 0.60%
FB $ 74.57 unch

As of 8/22/2014, 04:02 PM
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