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Facebook’s initial public offering got off to a rocky start, as the stock plummeted 50% in the first few months and took a full year to get back to its IPO price of $38. After improving its ...
[43] The stock closed its second full week of trading on June 1 at $27.72. By June 6 investors had lost $40 billion. [44] Facebook ended its third full week at $27.10, slightly lower than a week previous. [45] The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18. [46]
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Meta Platforms, the parent company of Facebook (Nasdaq: FB), released its fourth-quarter and full-year earnings for fiscal year 2021 on Feb. 2. The tech giant's weak quarterly results and first ...
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Facebook’s initial public offering got off to a rocky start, as the stock plummeted 50% in the first few months and took a full year to get back to its IPO price of $38.
The company owns Instagram, its flagship Facebook brand, Threads, WhatsApp and Oculus. Technical difficulties led users to look into Zuckerberg's recent Meta stock sales. Here's what we know.