Article updated: 12/14/2012 6:42 PM

Facebook falls as lockup expires

Buy this photo Buy this photo
Gallery Image

The Facebook Inc. logo is displayed with the word "unchanged" prior to trading at the Nasdaq MarketSite in New York, U.S., on May 18, 2012.

Associated Press

About this Article

The stock tumbled 5.1 percent to $26.81 at the close in New York, the biggest drop since Sept. 24. Shares in the operator of the world's largest social-networking service have declined 29 percent since selling at $38 apiece in an initial public offering in May.