What Zuckerberg must do to right the Facebook ship
All is not well at Facebook. Some have even started calling for CEO Mark Zuckerberg's head. But the panic is premature, and the social network has plenty of time and opportunity to turn things around.
Facebook's stock price has traveled south since its flashy (and disastrous) debut in May. Facebook closed at $19.44 per share on Wednesday, barely half of its $38 IPO price.
Why is Facebook's share price dropping like a boulder off a cliff? M&A specialist Marty Wolf provides an excellent explanation, but I'll summarize the key points:
Facebook's price-to-earnings … Read more