Google May Wobble As End of Lock-in Threatens Shares Glut

Evening Standard - London › September 02, 2004

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Summary

SUPPLY-and-demand pressures could send internet search engine giant Google plunging on Nasdaq today, with millions of shares flooding the market as their lockup period ends just 15 days after the listing, writes John Sterlicchi.

Lockup periods are designed to stop insiders selling their shares straight after a float.

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Google May Wobble As End of Lock-in Threatens Shares Glut

They usually last at least 180 days but insiders s...

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