Facebook shares freed, fall

The social networking site's shares fell 5.1% to 26.81 after 156 mil shares held by insiders and employees were freed for trading, the fourth of five stock lockup expirations. Facebook (FB) shares fell 5% on average during lockup expiration days in Aug. and Oct. On its third and biggest lockup expiration day in Nov., the stock unexpectedly rose 12.5%. Lockup restrictions are designed in large part to avoid a flood of shares into the market in the months following an initial public offering .

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.230.000.00%
    N21.SI
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    5WA.SI
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    E5H.SI
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    AAJ.SI
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    % Gainers
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    0.34+0.07+25.93%
    PA3.SI
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    BLR.SI
    0.195+0.026+15.38%
    BRS.SI
    1.23+0.15+14.42%
    AYN.SI
    0.38+0.04+13.43%
    5CF.SI
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    % Losers
    NamePriceChange% Chg
    0.31-0.16-34.74%
    BCD.SI
    0.111-0.042-27.45%
    UV1.SI
    0.55-0.08-12.70%
    AWG.SI
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    567.SI
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Market Data

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    Currencies
    NamePriceChange% Chg
    1.4204+0.0028+0.20%
    USDSGD=X
    1.4982-0.0063-0.42%
    EURSGD=X
    1.7709+0.0045+0.25%
    GBPSGD=X
    79.8760+0.112+0.14%
    SGDJPY=X
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    SGDHKD=X
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    SGDCNY=X
    1.08950.000.00%
    AUDSGD=X
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    SIH17.CMX
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