Around the Net
Zuckerberg: Facebook Stock Slide "Painful"
- The Wall Street Journal, Friday, August 17, 2012 11:59 AM
Earlier this month -- well before Facebook stock hit a new low of $19.87 on Wednesday -- Mark Zuckerberg conceded in a companywide meeting how “painful” it was to watch the
company’s stock sink. “Zuckerberg is no longer brushing off concern about his company's sinking stock price, acknowledging to employees for the first time that the selloff could hurt
them,” The Wall Street Journal reports. “The meeting was part of a new effort over recent weeks to buck up morale.”
