What was the IPO price of Facebook's stock?

Started by Lora, May 06, 2024, 11:04 AM

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Lora

What was the IPO price of Facebook's stock?

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Facebook went public with its initial public offering (IPO) on May 18, 2012. The IPO price of Facebook's stock was set at $38 per share. This made it one of the largest IPOs in history at the time, valuing Facebook at over $100 billion. However, the stock experienced some volatility in its early days of trading. Despite the initial excitement surrounding the IPO, the stock price initially fell below the IPO price in the following days before eventually stabilizing and gradually climbing over time.

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The IPO price of Facebook's stock was $38 per share.

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