Investors are eagerly awaiting the release of a new wave of Facebook shares, which become available Thursday as insiders and early employees are allowed to sell some of their stock for the first time. This first lockup will make 271.1 million shares available for trading. That's more than half as many as were sold in the social-networking powerhouse's IPO. "You're going to see a lot of volatility," says Scott Kessler of S&P Capital. IQ. "People could sell, and investors are worried about that."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How academia's liberal bias is killing social science
- Why Pakistan won't hunt down the terrorists within its borders
- 43 TV shows to watch in 2014
- 4 things NASA can teach you about a good night's sleep
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 10 things you need to know today: December 20, 2014
- Sorry, GOP, tax cuts don't pay for themselves
- Vox, derp, and the intellectual stagnation of the left
- Are there dogs in heaven? Let's hope not.
Subscribe to the Week