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$26.81 per share
- At $26.81 per share, which Facebook closed at a week after its IPO, Facebook was valued like "an ultra-growth company," according to Robert Leclerc of the Financial Post. Its PE ratio was 85, despite a decline in both earnings and revenue in the first quarter of 2012.
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Stock Price History. Stock Splits. Market Cap. Historical daily share price chart and data for Meta Platforms since 2012 adjusted for splits and dividends. The latest closing stock price for Meta Platforms as of May 28, 2024 is 479.92. The all-time high Meta Platforms stock closing price was 527.34 on April 05, 2024.
Dec 14, 2012 · When all was said and done this landmark deal cost Facebook $715 million. But the social network spent all that money on this little photo-sharing app because it has a very big, very addicted...
May 18, 2012 · In April 2010, Facebook fetched an average price of $9.82 per share on a monthly average basis. One year later, the rate jumped to $31.46. As of April 5, Facebook shares were trading for an ...
May 17, 2012 · Facebook's IPO price: $38 per share. By Julianne Pepitone @CNNMoneyTech May 17, 2012: 5:15 PM ET. Faceboook CEO Mark Zuckerberg will oversee a $16 billion IPO, making it the third-largest IPO...
- How The Market Underestimated Meta's Growth Potential
- How The Market Overestimated The Regulatory Threats
- What Does The Future Hold For Meta?
- Should You Still Buy Meta Today?
When Meta went public, it was a much smaller company. The social media platform's flagship app Facebook served 901 million monthly active users (MAUs) in the first quarter of 2012. Instagram, which Meta bought right before its initial public offering (IPO), started 2013 with just 90 million MAUs. The company wouldn't acquire Oculus and WhatsApp unt...
As Meta expanded, it encountered several major scandals. When the Cambridge Analytica breach exposed the data of over 50 million users, privacy advocates scrutinized the company's data-sharing practices and targeted ads, and it was repeatedly accused of facilitating the spread of fake news stories. The deadly Capitol riot in January, which resulted...
Meta still generates nearly all of its revenue from targeted ads on Facebook and Instagram. That core business faces some near-term challenges as Meta copes with Apple's (AAPL0.69%)recent privacy changes on iOS, which enable users to opt out of any app's data-tracking features. But over the long term, Meta's advertising business will likely evolve ...
I sold my shares of Meta in early January because I believed the incoming regulatory threats and iOS changes would be too difficult to overcome. But like many myopic investors, I underestimated its resilience-- and its stock has rallied nearly 25% this year even as it faced crisis after crisis. If you believe Meta will overcome its latest regulator...
Facebook ended its third full week at $27.10, slightly lower than a week previous. The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18. The shares did not get back to the initial $38 again until August the following year, a full 16 months later.
Jan 30, 2013 · Excluding share-based compensation and related payroll tax expenses, and income tax adjustments, non-GAAP net income for the fourth quarter was $426 million, or $0.17 per share, compared to $360 million and $0.15 per share for the same quarter in the prior year.
