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That's Amore! Mark Zuckerberg & Wife Ride Boat As Facebook Stock Continues To Sink

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May 29 2012, Published 11:00 a.m. ET

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By Staff

Facebook CEO Mark Zuckerberg and his bride Priscilla Chan enjoyed a relaxing boat ride on their extended honeymoon in Italy Tuesday, as stock in his social networking site continue to sink.

The Harvard-educated billionaire is enjoying the life of riley thousands of miles away from Wall Street, where the value of his company's stock -- down to a record-low of $28.65 at one point Tuesday (it opened May 18 at $38 per share) -- won't be getting him new friend requests anytime soon.

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Still, all might not be gloom and doom for the $79 billion social networking juggernaut, according to Wedbush analyst Michael Pachter.

"Facebook has built a huge moat between it and its competitors, and we endorse Mr. Zuckerberg's mission," Pachter said Tuesday, implying the stock might be a sleeper despite its current downward spiral.

As a result of the stock plunge, Zuckerberg is no longer one of the world’s 40 richest people.



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