The social networking company Facebook, Inc. held its initial public offering (IPO) on Friday, May 18, 2012. The IPO was the biggest in technology and one of the biggest in Internet history, with a peak market capitalization of over $104 billion.
The low (63.77) at January, 2015, is due to the data provided by the Broker.
Facebook grew really fast, unlike other Technology Companies that grew gradually and steadily, thus it the stock falls fast as well, due to stock exchange, technical, economic activities and other factors.
If the stock can ever get to 138, I don't mind buying the dip and hold for a decade, lol.
The low (63.77) at January, 2015, is due to the data provided by the Broker.
Facebook grew really fast, unlike other Technology Companies that grew gradually and steadily, thus it the stock falls fast as well, due to stock exchange, technical, economic activities and other factors.
If the stock can ever get to 138, I don't mind buying the dip and hold for a decade, lol.
