(Reuters) - Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company.
Facebook shares finished Friday's regular trading session up 6.2 percent at $22 as Wall Street's confidence in the company continued to improve in the wake of the 28-year-old CEO's first public appearance since a rocky initial public offering in May.
The social networking company's progress introducing a new advertising service that gives marketers improved ways to reach consumers on Facebook also helped bolster its shares, analysts said.
'People are starting to feel a little more comfortable,' said Arvind Bhatia, an analyst with Sterne, Agree & Leach... Source/Origin >> Read More