Tech stocks: Zuckerberg to sell some Facebook shares

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Shares of Facebook have slipped 2.6% in pre-market trading after the social network announced it would offer 70 million shares for sale.

socialfeedia.blogspot.com reports the number includes 41 million from Facebook CEO Mark Zuckerberg, who plans on buying a separate class of shares 'that carry more voting weight.' The shares Zuckerberg will sell are worth $2.3 billion.

The stock offering comes as Facebook gets ready to join the S&P 500 Index starting Friday.

Facebook stock has rebounded this year after launching its IPO in 2012. The company's stock price has more than doubled since late July, and is currently trading at $54.09.

Meanwhile, ailing smartphone maker BlackBerry will report third quarter earnings Friday. This will be the first earnings report under interim CEO John Chen, who replaced Thorsten Heins last month.

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