Zuckerberg on Facebook’s Stock, Mobile, and Morale

Mark Zuckerberg, chief executive officer and founder of Facebook, speaks at Facebook's F8 developers conference in San Francisco. Photograph by David Paul Morris/Bloomberg

For the first time since his company’s disastrous initial public offering on May 18, Facebook Chief Executive Officer Mark Zuckerberg spoke publicly about the social network’s rocky path to the market, saying that the stock’s performance has been “obviously disappointing.” He also argued that investors may be underestimating the traction Facebook is getting on mobile phones, comments that helped the stock gain more than 3 percent on Tuesday.

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