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Ultimately underwriters settled on a price of $38 per share, at the top of its target range. [23] This price valued the company at $104 billion, the largest valuation to date for a newly public company. [24] On May 16, two days before the IPO, Facebook announced that it would sell 25% more shares than originally planned due to high demand. [25]
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]
What Facebook Is Worth. Facebook’s Share Price, 52-Week Range. $137.10 – $304.67. Facebook’s Market Cap, 52-Week Range. $329.04B-$731.2B. 2020 Revenue
Facebook and Instagram parent Meta Platforms (NASDAQ: META) experienced incredible share-price gains over the past year. Last August, the stock was at a 52-week low of $274.38, but in July of this ...
Facebook's initial public offering came on May 17, 2012, at a share price of US$38 ($50.00 in 2023 dollars [20]). The company was valued at $104 billion ($138 billion in 2023 dollars [20]), the largest valuation to that date.
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 ...
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 (NASDAQ:FB), the social media and digital advertising titan, is scheduled to report Q2 earnings on July 24 after market close. Despite the volatility in broader markets, FB stock has ...