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A Massive Amount of Facebook Shares Are Unlocking, and the Market Seems to Like It

Mark Zuckerberg ringing Nasdaq's opening bell on the day of Facebook's IPO. (Photo: CBS)

The total number of Facebook shares available is about to increase by almost double, and the market seems to like it. The stock price is up nearly 6 percent in the first minutes since the market opened, defying conventional wisdom that prices should fall when a lockup ends.

What gives? It may be that investors have already accounted for the influx of new shares. Read More