Different strategic behaviors from these two different kinds of employee shares are mainly due to the system concerning different times for employee share lock-up expiration.

不同的上市时间安排是造成两类职工股公司自利行为差异的主要因素。

youdao

youdao

An HFT might, for instance, lock in a high price by submitting a large sell order to a dark pool just as the exchange price of a share begins to fall.

例如，股票的交易所价格开始下跌时，一个高频交易者可能提交一个大卖单给资金暗池从而锁定当时的高价。

youdao

Yesterday, an extended IPO share lock-up expired, leading some early investors to sell shares into the open market.

FORBES: Stocks Shoot Higher As Data Reinforce Recovery Strength

With the biggest share lock-up expiration out of the way, it seemed like believers in the Facebook story found it safer to buy into the stock.

FORBES: What A Week For Facebook: The Stock Rises Another 6% On Friday

Facebook (NASDAQ:FB) has been one of the strongest stocks in the market over the past three weeks following the expiration of an 800 million share IPO lock-up period.

FORBES: New Life For Apple, Facebook, Google As Walking Dead Start Running Again