24 Jul 2014 Facebook's massive turnaround has everything to do with mobile. When the company went public, its revenue was almost completely tied to 17 May 2012 The company's shares will begin trading on the Nasdaq Stock Market around 11 a.m. ET on Friday with the symbol FB. A Facebook spokesman 24 Feb 2017 Fletcher, a former Facebook employee, referring to the spike in stock price that some companies experience after an initial public offering. 17 May 2012 With investors lining up for shares, Facebook raised its price range and increased the size of its offering. Even so, demand from investors in the 23 May 2012 The Facebook (NASDAQ:FB) stock price has fallen again, and now we in the run-up to the IPO wasn't shared with small investors -- allowing FB shares near IPO price for first time. Facebook's stock came within pennies of its $38 IPO price for the first time since its rocky initial public offering (IPO) more 31 Oct 2012 Lockup expiration show how much Facebook workers 'like' the stock its relatively high IPO price compared with other Internet companies and
But Facebook is now beginning to rebound. And, despite all the recent volatility, an investment in the social-media giant at the time of its initial public offering on May 18, 2012, would have been a safe bet. A $1,000 investment then would be worth more than $4,600 as Facebook's initial IPO price was raised just before going public to between $35 and $38, citing heavy demand. However, a glitch in NASDAQ’s electronic trading system delayed some investors from Facebook ended Wednesday at $144.85 a share, a nearly fourfold increase from its IPO price of $38 a share. In fact, Facebook is now trading at more than eight times its low of $17.55 reached Facebook initially offered its stock at $38 per share on the morning of May 18, 2012, and closed trading that day just above that, at $38.23, according to data from Yahoo Finance. This chart shows the value of a $1,000 investment bought at that closing price of $38.23 over the following six years.
The stock closed down 19% Thursday to $176.26, which means that investors erased the entirety of the company’s 2018 gains. Its market capitalization as of Wednesday: $630 billion. By the end of trading Thursday, it was worth $510 billion after close and 170 million shares had changed hands. Facebook shares traded below the IPO price for more than 14 months after its first day of trading. The low point was September 2012, when Facebook's share price hit $17.55 -- less than half the
But Facebook is now beginning to rebound. And, despite all the recent volatility, an investment in the social-media giant at the time of its initial public offering on May 18, 2012, would have been a safe bet. A $1,000 investment then would be worth more than $4,600 as Facebook's initial IPO price was raised just before going public to between $35 and $38, citing heavy demand. However, a glitch in NASDAQ’s electronic trading system delayed some investors from Facebook ended Wednesday at $144.85 a share, a nearly fourfold increase from its IPO price of $38 a share. In fact, Facebook is now trading at more than eight times its low of $17.55 reached
Prior to the IPO, several investors set price targets for the company. Arvind Bhatia pegged the company at $46 in an interview with The Street. as Bhatia's low valuation, suggesting the stock could rise to "60, 70, 27 Oct 2019 So, what if you had bought $1,000 of FB shares at its IPO and held on to it until today? With a share price of $188 as of October 25, 2019 your 18 May 2018 Facebook went public on May 18, 2012, with an initial price of $38 per share and a closing price on its first day of trading just above that,