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Zuckerberg says Facebook has overcome hurdles

Tue, 09/11/2012 - 5:30pm
MICHAEL LIEDTKE - AP Technology Writer - Associated Press

Facebook CEO Mark Zuckerberg is acknowledging his company's falling stock price, but he says Facebook has overcome hurdles before.

He's speaking to a standing-room-only audience at a tech conference in San Francisco, in his first interview since the company's rocky initial public offering in May. Facebook Inc.'s stock has lost half its value since the IPO.

Zuckerberg says the drop "has obviously been disappointing."

But he says the company hasn't been an uncontroversial one, adding, "It's not like this is the first up and down we have ever had."

Wearing a gray T-shirt, jeans and sneakers, Zuckerberg is appearing Tuesday in a "fireside chat" at the San Francisco Disrupt conference organized by technology blog TechCrunch.

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AP Technology Writer Barbara Ortutay in New York contributed to this story.

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