The price of Facebook stock plummeted on Thursday amid worries that a rush of sales by early investors — such as Accel Partners and Goldman Sachs — who are now allowed to sell their shares, could create a surplus in the market. Shares of the social networking site fell more than 6 percent in early trading, reaching $19.69 — their lowest point since Facebook went public in May, and a decline of nearly half of the original offering price of $38.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Is it now OK to have sex with animals?
- 43 TV shows to watch in 2014
- In Ferguson, Michael Brown lost his life — and America's police lost the benefit of the doubt
- Republicans love this new health care plan. Too bad it's basically a tax cut for the rich.
- In defense of Gwyneth Paltrow
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 8 tricks to surviving the holidays without gaining weight or being grouchy
- 17 old proverbs we should use more often
- Chuck Hagel wasn't the problem. It's America's addiction to endless war.
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