Mark Zuckerberg Halts Stock Sales as Facebook Shares Tumble
- Facebook CEO has vowed to sell stock to fund his philanthropy
- He’s sold about $5.6 billion of shares since September 2017
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Mark Zuckerberg’s multibillion-dollar stock sale ground to a halt in the final months of 2018.
The Facebook Inc. co-founder didn’t sell a single share in the fourth quarter, when the social media company’s stock tumbled 20 percent amid a broader market rout. It’s the first quarter in more than two years he’s refrained from doing so, according to data compiled by Bloomberg.