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Facebook stock jumps even as more insiders able to sell

About 800 million Facebook shares became tradeable today, but for once, the bulls have something to cheer about.

In other words, the stock is jumping today even though more insiders now have the opportunity to unload their holdings. Shares closed up 13 percent at $22.36, a welcome jump for investors who have seen a steep decline since the stock started trading at $38 in May.

Today's lockup expiration meant the largest set of Facebook shares available since May could hit the market. Many had expected Facebook's shares to take a hit, but instead, it appears most investors … Read more

Facebook insiders could sell 773 million shares Wednesday

The largest set of Facebook stock shares available since May, when the company went public, could hit the market on Wednesday as the social network's employees are given the green light to sell off 773 million shares.

Wednesday marks the expiration of another "lockup" period, which means early investors and Facebook employees, including those who joined before 2011, will be able to sell off 773 million common shares, plus 31 million in restricted stock units.

The previous lockup expired at the end of October, and that fresh infusion of stock into the open market left the share … Read more

Time to jump back on Apple bandwagon, analyst says

For investors, it may be safe to wade back into the Apple waters again.

That's according to Oppenheimer & Co. analyst Ittai Kidron, who believes that the recent pounding given to Apple's stock has been overdone, and that shares have a chance to rally back.

Apple's recent run hasn't exactly been magical. The company's stock is down about 20 percent from its peak in September, and there are plenty of concerns dogging the company.

Over the past few weeks, Apple has had to deal with fears that the profitability of its products is falling, that … Read more

Bond guru predicts Apple's stock price will fall to $425

A noted bond investor expects Apple stock to continue its downward slide for a while, saying that the company seems to have lost its ability to innovate.

Jeffrey Gundlach, the CEO and co-founder of investment firm Doubleline Capital, told CNBC today that he expects Apple's stock price, which has declined more than 20 percent since September 19, to slip to as slow as $425. Shares were off 3.38 percent today, falling $22.20 to close at $558.

Gundlach said he has been struck by the "obsession" with Apple's stock. "It seems like every meeting … Read more

iPad Mini launch fails to impress Wall Street

Despite shoppers lining up around the world for Apple's freshly launched tablets, Wall Street appears to be unimpressed.

Shares of Apple's stock closed at $576.67, down $19.87, or 3.33 percent, on Friday, continuing a downward trend since late September.

The dip comes amid what appears to be brisk sales of the iPad Mini, though at a noticeably smaller scale than that of other major product launches. Analysts expect the company to sell anywhere from 800,000 to 1.5 million of the devices this weekend, which would be half the number of third-generation iPads Apple … Read more

iPad Mini launches with mini lines

While CNET's New York office waits for power to come back after the storm, we're bringing you the Update show from our San Francisco office. Friday's top tech stories include:

- iPad Mini launch day: Lines were smaller compared to a typical iPhone or iPad launch, but there were still some crowds. New York saw a long lines at the 5th Avenue store, which was sold out of iPad Minis two hours after it opened. One analyst estimates Apple might sell as many as 1.5 million iPad Minis over the weekend.

- Apple released its first … Read more

Netflix readily accepts Icahn's business advice

After Carl Icahn snapped up a 10 percent stake in Netflix, which caused a 15 percent jump in the company's stock shares yesterday, the streaming-video company announced that it's ready to listen to Icahn's business advice.

"We have many shareholders, now including Mr. Icahn, and we're always open to their perspective on how to build on our success," a Netflix representative told CNET in an e-mailed statement.

Icahn's history as an investor is full of high-profile proxy fights and tussles with management. In recent years, he has fashioned himself as an investor activist. … Read more

Facebook's stock spooked by insider selling concerns

No one knows how many of Facebook's rank-and-file employees decided to sell some of their pre-IPO holdings today -- the first time they've been allowed to since the company went public back in May at $38 a share.

But plenty of people did sell -- either employees or investors fearful that a rush of new shares on the market would push down the stock. Or, more likely, a combination of both. The stock, which traded nearly twice the volume of a typical day, ended down 3.37 percent at $21.12. (Note, however, that this is far above … Read more

Apple slips below $600 in first trading day after exec shake-up

Last updated at 2 p.m. PT

Apple's stock has entered territory it hasn't been in for quite some time.

The stock finished at $595.32, down $8.68, or 1.44 percent today. At one point earlier in the day Apple's shares fell as low as $587.70.

Apple's stock hasn't closed a day below the $600 mark since July. For a brief period on Friday, Apple's shares dropped to $591 before closing the day at $604.

Might today's decline be attributable to Apple's announcement Monday of the departure of two senior executivesRead more

Facebook stock: Let the insider selling begin

One big question looming over Facebook's stock: How many insiders are going to start dumping their shares?

After more than five months of watching their holdings sink, most employees and early Facebook investors can start cashing in their pre-IPO stock as the so-called lockups expire. Not all at once, however, but the key dates are coming fast and one, in fact, just passed (though the markets were closed because of Sandy). By the end of the year, Facebook's float -- that's the stock that's available to trade in the open market -- will increase by more … Read more