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两年来首次抛售!扎克伯格11月卖出68.2万股Meta股票

First sell-off in two years! Zuckerberg sold 682,000 Meta shares in November

wallstreetcn ·  Dec 5, 2023 00:36

With the strong performance of US stocks in November, Meta is only 11% away from its all-time high in 2021. Zuckerberg has resumed selling Meta shares for the first time since November 2021, with a total value of about US$185 million sold in November.

Meta CEO Zuckerberg sold a total of 682,000 Meta shares in November, according to documents submitted to the US Securities and Exchange Commission (SEC). According to calculations, the total value of shares sold is about US$185 million. November was the first time Zuckerberg sold Meta shares in two years.

According to media statistics, Zuckerberg still holds about 13% of Meta's shares, which accounts for the vast majority of his wealth of 117.7 billion US dollars.

Affected by the above stock sell-off news, Meta opened trading on Monday and fell more than 2%. Meta's stock price plummeted 64% for the full year of last year, and this year's cumulative increase of more than 170% until the end of November is only 11% away from the stock's all-time high in 2021. Meta's performance this year has outperformed the vast majority of US technology stocks.

In the ten years since Meta went public, Zuckerberg has regularly sold Meta shares, but 2022 was an exception. U.S. stocks fell sharply last year. Meta's performance was particularly severe under the impact of disastrous earnings reports. Zuckerberg did not sell any stocks.

Meta's strong rebound this year has benefited from a rebound in the US stock market and its own impressive earnings report. At the end of October, Meta announced its biggest fiscal quarter revenue since listing in 2012, as advertising demand rebounded, and the company continued to benefit from cost cuts and the development of new AI technology.

Zuckerberg and his wife Priscilla had previously promised to spend 99% of their wealth in their lifetime on charitable causes, such as promoting equality and treating diseases. More than half of Meta's recent sell-off came from stocks controlled by its eponymous foundation.

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