Facebook chief financial officer David Ebersman early this week sold 532,400 shares in the social networking company at an average price of $50 per share. Ebersman reportedly raised $26.2 million in the deal.
David Ebersman
Breaking News
Facebook refused to boost frequency of mobile ads, which led to a 3% drop in sales.
Facebook reviewed number of ads in relation to revenue growth and number of users.
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