facebook ceo faces angry shareholders
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Facebook CEO faces angry shareholders

Arab Today, arab today

Arab Today, arab today Facebook CEO faces angry shareholders

Washington - UPI

Mark Zuckerberg, the head of U.S. Internet giant Facebook, said the company would stick with its game plan, despite falling stock prices. "Nothing in that [falling prices] has made me think that the fundamental strategy is wrong," Zuckerberg said at the company's first annual shareholders meeting as a public company. The Wall Street Journal reported Wednesday Zuckerberg was "grilled" by shareholders for a half hour, some of them angry their investment in the company had not panned out. One shareholder who asked a question called the stock price "a disaster." At close to $24 per share, Facebook stock is now valued at 40 percent of its launch price. Zuckerberg attempted to deflect the criticism by calling it part of a normal business cycle. "We're disappointed with the performance of the stock over the last year. We expect there's going to be fluctuations," he said. How long would it take for shareholders to see a return on their investment -- "two years?" one shareholder asked. "I wish I had a crystal ball," Facebook Chief Financial Officer David Ebersman answered.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

facebook ceo faces angry shareholders facebook ceo faces angry shareholders

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

facebook ceo faces angry shareholders facebook ceo faces angry shareholders

 



GMT 04:42 2012 Saturday ,31 March

What to expect

GMT 06:46 2017 Monday ,06 March

As sun comes out in Mosul, Iraqi forces launch

GMT 15:03 2017 Monday ,06 November

Louvre Abu Dhabi gears up for launch

GMT 15:55 2017 Tuesday ,08 August

Hamada Helal ended filming “Hamza’s Bag”

GMT 20:32 2017 Sunday ,29 October

Dollar exchange rate stable at major banks

GMT 09:57 2017 Wednesday ,04 October

Boris Johnson under fire for 'dead bodies' Libya gaffe

GMT 00:25 2016 Tuesday ,13 December

Finance Minister English Sworn in as New Zealand's PM

GMT 10:22 2017 Monday ,03 April

Asian markets start week with gains

GMT 08:33 2017 Monday ,06 March

Suns, Jazz, Pacers win in wild NBA finishes

GMT 05:48 2016 Wednesday ,17 August

Audi to make cars that can talk to traffic signals
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday