Facebook’s stock pricebriefly hit $38, its IPO price, just before today’s opening bell. In the 15 months since it went public, the stock had certainly had its ups and downs as evidenced in this graph: (click to enlarge) As some of you who have tracked my blog posts over the last...
After a surprisingly weak growth forecast in this week’s earnings report, Facebook’s stock price dropped 19 percent today. The decline, which erased about $120 billion in market value, is the largest one-day drop in the history of the American stock market. Facebook shares fell as much ...
Facebook is hardly a stranger to a volatile stock price and has rebounded from previous mishaps, including Cambridge Analytica. While several analysts downgraded the stock, others say they still have faith in the company to grow over the long-term. "Even the best hitters strike out sometimes,"...
Katie CanalesShayanne Gal
(FB), but for all social media companies. The stock did open up about 12% and faded very quickly to the offering price by the end of the day. In fact, without active support from the investment banks, it would have dropped below. In the last few days, the stock has cratered, ...
An IPO refers to the process undertaken by a private company to offer shares to the public through the issuance of new stock. The process enables a company to raise money to fund their investments, projects, or business operations. However, the company must ensure they meet and comply with ...
Mark Zuckerberg is seen in 2010, with Facebook already the largest online social network but before its stock market debut Key dates in the history of Facebook, which is celebrating its 15th anniversary in February: — 2004 — JANUARY: Mark Zuckerberg, a 19-year-old computer whiz at Harvard...
2. Getting the stock price history data Thanks toYahoo financewe can get the data forfree. Use the following link to get the stock price history of Google:https://finance.yahoo.com/quote/GOOG/history?period1=1433548800&period2=1591833600&interval=1d&filter=history&frequency=1d ...
Facebook's success has translated into its stock price and earnings reports. In the five years leading up to mid-February 2024, Meta's stock had increased 188.1%, and its cumulative annualized growth rate over the same period was 23.6%.2 ...
was $9.5 billion or $3.30 per share. Capital expenditures, including capital leases were $4.4 billion, driven by investments in data centers, servers, network infrastructure and office facilities. Free cash flow was $7.8 billion. We repurchased $4.1 billion of our Class A common stock ...