Since the Facebook Inc (NASDAQ:FB) IPO, investors have been keeping a close eye on the company’s stock. There have been plenty of ups and downs, and nobody really has a beat on what is going to happen next.
As you can imagine, this uncertainty has led to unrest with investors.
While nobody knows exactly what Facebook Inc (NASDAQ:FB) is thinking, it is safe to say that there is a lot going on inside closed doors.
For a better idea of where the company stands, we are going to take a closer look at a recent Bloomberg video offered by Bloomberg Television’s “Street Smart.” In this piece, “Pivotal Research’s Brian Wieser and Bloomberg’s Jon Erlichman discuss Facebook’s first shareholder meeting with Trish Regan.”
It doesn’t matter if you are a Facebook Inc (NASDAQ:FB) investor or are simply thinking about investing in the near future, you should pay close attention to this video.
Jon Erlichman kicks things off with the following:
“This is one of those rare days when Facebook executives come prepped to talk about the stock. And let’s face it, the stock has been one of the biggest parts of the Facebook story over the past 12 months. There were a lot of average investors who bought shares right around the IPO price thinking there was an exciting ride ahead. They didn’t know the ride was going to be lower and that is the kind of shareholder commentary you have been hearing today.
There is the guy who says, hey I bought shares for my son’s future thinking this was going to be a great story. Mark Zuckerberg knew he was going to get stock questions. Before he even took questions from shareholders he said I am disappointed just like you are in the stock performance. He said we cannot control the stock price, all we can control is what we are doing with our business.’
As you can see, there is a lot going on right now with Facebook Inc (NASDAQ:FB) and its stock. Zuckerberg had quite a bit to say and this is going to have an impact on the company in one way or another.
For more information on what is going on, check out the video in its entirety on the following page. This may help you decide if Facebook Inc (NASDAQ:FB) stock should be in your portfolio.