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Facebook's share value fell during nine of the next thirteen trading days, posting gains during just four. The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. The stock saw another large loss the next day, closing at $31.00.
That’s down from January 2021, when 18 rated it a “strong buy” and 30 rated it a “buy,” but analysts see Facebook’s current troubles as temporary. Their average price target is $353.91 ...
Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Since the record Christmas Eve decline in the broader markets, Facebook (NASDAQ:FB) stock has staged an impressive comeback and year to date the stock is up almost 30%. When FB reported quarterly ...
Facebook releases its 2016 Q1 earnings report, showing an increase in earnings to 77 cents per share up from 42 cents per share a year ago. The earnings beat analyst expectations, and cause Facebook share prices to soar, leading its market cap to exceed that of Johnson & Johnson. Facebook also reports an increase of 57% in advertising revenue ...
Facebook, Inc. (NASDAQ:FB) has been in the news for all the wrong reasons for some time now, but its data scandal might have actually helped investors looking to buy the social media giant’s ...
4. Decide How Much to Invest in Facebook. As of writing this in November 2022, Meta is currently trading at $90.54 per share. At the start of 2022, it was trading above $300/share. You could buy ...
Facebook's initial public offering came on May 17, 2012, at a share price of US$38 ($50.00 in 2023 dollars). The company was valued at $104 billion ($138 billion in 2023 dollars), the largest valuation to that date.