Breaking News, World News and Taiwan News.

Zuckerberg's nod to finances gives a boost to Facebook's battered stock

AP
September 14, 2012, 12:07 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

NEW YORK--Facebook's battered stock rose Wednesday after CEO Mark Zuckerberg acknowledged that the social networking company cares about making money as well as making the world “more open and connected.”

Zuckerberg gave his first interview Tuesday since Facebook's rocky initial public offering in May. The stock has lost roughly half its value since. But on Wednesday it gained US$1.53, or 7.9 percent, to US$20.96.

“He explained past missteps and challenges related to mobile and provided reasons for related optimism,” wrote S&P Capital IQ equity analyst Scott Kessler in a note to investors.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	World stocks mixed despite expected US Fed action

NEXT ARTICLE
Demand in China to drive home big sales growth this fiscal year: Nissan

Sponsors
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	"JJshouse is the leading supplier of all kinds of dresses. You can buy your favorite prom dresses here."
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.