Shares of Facebook Inc fell 4.5 percent to a new low on Friday after brokerages cut their price targets on the company's shares, saying several lock-up expirations over the next year will weigh on the stock.
Facebook CEO Mark Zuckerberg has no intention to sell his stock for at least 12 months, said the social network company in a regular public filing.
Nasdaq OMX Group Inc stood by its proposed $62 million plan to compensate firms affected by the fallout from Facebook's botched initial public offering, taking aim at UBS AG, Citigroup Inc and other parties that derided the payback plan.
Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.
Nokia is expected to report another quarterly loss next week, raising the stakes for its holiday-season sales battle with smartphone rivals Apple and Samsung.