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Sales of Thiel's 22 million Facebook shares was reportedly planned prior to the company's IPO date, reports CNBC's Julia Boorstin.
Check out which companies are making headlines after the bell Monday:
Stocks eased off their worst levels to end mostly flat in another thin session Monday, but still remained around four-year highs, lifted by gains in techs.
Capstone Investments upgraded Facebook to "buy" today, despite its weak levels. Nathan Bachrach, Financial Network Group CEO, and Zachary Karabell, River Twice Research, weigh in.
Rory Maher, Capstone Investments, explains why he upgraded Facebook. It's a valuation call, Maher says. They'll put together industry-leading growth rates.
It would be epic if Apple found a way to monetize mobile device engagement even more than it already does. If I compete with Amazon.com, I form a consortium of a handful of retailers and get on the phone with Apple.
Mark Hulbert, columnist at MarketWatch, discusses what's behind Facebook's ongoing stock slide and where the company actually should be trading.
Especially since Mitt Romney’s résumé became presidential campaign fodder, there has been much debate about the merits of private equity, which is known for its focus on short-term gains. The New York Times reports.
Investors are concerned about Facebook's slowing growth, reports CNBC's Julia Boorstin; and Caterpillar machinist's voted to ratify a proposed 6-year contract including a wage freeze, with CNBC's Jackie DeAngelis.
In three months, Facebook has underperformed all other stocks on the three major indexes and lost $50 billion in market cap.
Facebook founder Mark Zuckerberg's reported staff meetings to boost morale reminded us of the important role that public markets play in today's complex global economy.
Facebook is falling further today, and Brian Stutland, Stutland Volatility Group, discusses how options traders are playing the stock.
Facebook shares continue to plummet one day after the expiration of its first lockup period, reports CNBC's Julia Boorstin.
A day after the expiration of Facebook’s initial lock-up period, one analyst said the stock is “very close to being extremely attractive” despite plunging roughly 50 percent since its IPO.
Shayndi Raice, The Wall Street Journal, and CNBC's Julia Boorstin discuss the latest on Facebook and its investors.
For 25 years, the high-tech companies of Silicon Valley have been using Bon Appétit Food Management to serve healthy, and free, food right on the job.
A closer look at Facebook shares following yesterday's unlocking, with Rick Summer, Morningstar.
The "Squawk on the Street" news team highlights the major business stories today, including Facebook's critics and Apple's new high.
John Sculley, former Apple CEO, and John Duffy, eCinteractive CEO, discuss how to monetize the mobile space. "No one's really figured out yet how to make a big, monetized business out of mobile yet," says Sculley.
Tim Daniels, TMT sector strategist at Olivetree Securities, told CNBC, investors got spooked yesterday as Peter Thiel one of the early stage investors in Facebook converted some of his B shares to A shares.