Facebook has had a rough
first three months as a public company. The social network's stock has
performed poorly since going public in May, and on Monday morning it
dropped to an all-time low of $18.75 -- less than half of the company's
initial share price of $38.
Investors are looking to
place blame for the disappointing performance, and the obvious target is
Zuckerberg, the company's founder and chief executive. The 28-year-old
casual-wear enthusiast built Facebook from a dorm-room project into a
publicly traded company with 900 million monthly users that saw $3.7
billion in revenue and $1 billion in profits last year.
But since the stock
slumped again this week, some critics have openly questioned whether
Facebook's boy-wonder CEO has the maturity necessary to navigate the
corporate world. In a much-repeated quote that reflected the divide
between buttoned-down Wall Street and laid-back startup culture, one
analyst wondered if Zuckerberg "is in over his hoodie."
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