Fidelity Contrafund manager Will Danoff was still a believer in Facebook Inc. in June, even after its rocky IPO. His colleague Ramin Arani, not so much.
Nineteen Fidelity Investments fund managers sold 1.7 million Facebook shares in June, while 16 funds added 2.8 million more shares to their holdings, according to data provided by Morningstar Inc., a Chicago fund-tracking firm.
Comments
LOL i have have shorted this pig since opening day....anyone who has used this thing knows it cant sell advertising space. I dont shop on facebook i shop on google....duh!!!