TODAY

TODAY   |  August 12, 2013

Facebook executive sells $91 million in stock

Sheryl Sandberg, COO of Facebook, sold the shares last week as the price neared its highest point since the company went public.

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>> now on what's moving the markets. kayla is here with more.

>>> good morning, a mix of reports on a global economy will steer the stock market this week even with investors on locations. she has been cashing in her hard earn facebook stock. she has $91 million last week by selling facebook stock as the company neared it's highest point since going public. and snail mail is staying afloat, even if barely. the u.s. postal service lost 700 $40 million in the last three months. that's a lot less than it did last year. the reason, consumers are sending fewer and fewer letters but more expensive packages. natalie.

>>> thank you so much. a