Why did FB “stick” at exactly $160.00 for most of Friday?

I was looking at the price chart for FB and noticed something strange: on 7/14/17 (this past Friday), the price was a flat horizontal line from about 11:20am to close, staying between 159.97 and 160.01 for 5 hours. Volume was normal but the typical fluctuations disappeared. There was a brief exception from 1:45 to 2:09pm.

Could this be a huge shareholder selling at a limit of ~160?

Submitted July 17, 2017 at 12:24PM by augusthex
via http://ift.tt/2tynH5p


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