‘AOL, Yahoo Were Better Investments This Year Than Facebook Stock’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “AOL, Yahoo Were Better Investments This Year Than Facebook Stock”.
Lauren Indvik says, “Ah, the benefit of hindsight.
Those who rushed to buy Facebook stock at its initial public offering price of $38 per share on May 18, 2012, are likely a little disappointed with their investment one year later. Though the stock has recovered from its $17.55 September 4 low, the price of the stock today, at a little more than $26 per share, is still closer to its all-time low than its opening price.
What if investors had put their money into other technology or Internet companies? Statistics database Statista looked at how a $1,000 investment made on the day of Facebook’s IPO would have performed nearly one year later in the chart below”.
AOL, Yahoo Were Better Investments This Year Than Facebook Stock
Mashable.com
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