Investors to Mark Zuckerberg: Give us a status update on FB!
Aside from the weekend wedding pic, the last time investors saw the social network icon was on Friday morning — just before the rocky debut of his company’s stock. Zuckerberg was high-fiving Nasdaq Chief Executive Bob Greifeld and ringing the opening bell remotely from Facebook’s sprawling headquarters in Menlo Park, Calif.
But since then, a lot’s gone wrong including the Nasdaq’s botched opening of the stock; its precipitous slide since Friday to levels well below the $38 a share offering price; and allegations that lead underwriter Morgan Stanley shared negative news about Facebook with institutional investors before the IPO.
Through it all, Zuckerberg’s been MIA.