NEW YORK (
(FB - Get Report) shares dipped 1.77% to $20.02 in premarket trading after closing down 5.65% on Tuesday.
Thursday marks the social networking giant's first
"lock up" expiration whereby Facebook's early investors and some directors become eligible to sell their stock following the company's IPO earlier this year.
(AAPL - Get Report), which is increasingly attractive to
hedge funds according to the latest 13-F filings, crept up 0.08% to $632.20 before market open.
(GRPN - Get Report) shares, which plunged more than 27% on Tuesday following the company's
mixed second-quarter results earlier this week, were flat at $5.51 before market open.
(CSCO - Get Report)
, which reports its fourth-quarter results after market close, slipped 0.12% to $17.15.
will be live-blogging Cisco's fourth-quarter results, starting at 3:45 p.m. EDT on Wednesday.
--Written by James Rogers in New York.
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