Mark Zuckerberg hits ‘pause’ on his plan to sell billions of dollars worth of Facebook stock

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Facebook CEO Mark Zuckerberg appears to have prematurely halted a plan to sell billions of dollars in stock to fund his philanthropic efforts, given the recent collapse in his company's stock price. Back in September 2017, Zuckerberg publicly announced plans to sell somewhere between 35 million and 75 million Facebook shares by March 2019, funneling the proceeds into the Palo Alto-based Chan Zuckerberg Initiative. He spent the next 11 months doing just that, selling 30.4 million shares, worth roughly...

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