Zuckerberg Speaking, Facebook Stocks boosted -
California - Facebook Inc. CEO Mark Zuckerberg may need to talk more often. 30 minute appearance at a technology industry conference earlier this week has lifted the stock up and add value to U.S. $ 6.785 million by the end of this week.
Facebook Stocks after the regular trading session on Friday rose 6.2 percent at U.S. $ 22, marked the belief that Wall Street continues to improve the company. This is his public speaking Zuckerberg first since the launch IPO in May.
According to analysts, the company's progress in introducing new advertising service that gives marketers more easily reach customers on Facebook also helps increase the value of the stock. "People are starting to feel a little more comfortable," said Arvind Bhatia, analyst at Sterne, Agee & Leach.
Zuckerberg's comments, in which he highlighted the progress of the mobile business, said, Facebook can enter the search market, and expressed confidence in the future will be able to make money. That, Bhatia said, has enhanced the perception of stock.
Zuckerberg has a reputation of spending time building the company from the inside rather than promoting it to investors around.
Facebook Ad Exchange enables marketers to target consumers based on their previous browsing activity history, such as the websites they visit. Online advertising technique that standard is as yet available on Facebook.
1 social network in the world is home to nearly a billion members. However, the company's IPO sag, and even continued to erode the value of their shares. Shares rose about 13 percent since Zuckerberg speaks at the TechCrunch Disrupt conference in San Francisco on Tuesday.
Judul: Zuckerberg Speaking, Facebook Stocks boosted
Ditulis oleh Ira Yuniarti
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