- 5 Feb 2005
- 7,694
- 627
I think most of us know that Facebook went public and started selling their stocks yesterday.
I was wondering if anyone actually bought some of their stocks or actually considered buying them? It was quite a disappointment to see how they did yesterday, but maybe that will change next week.
Maybe we just expected too much.
I was wondering if anyone actually bought some of their stocks or actually considered buying them? It was quite a disappointment to see how they did yesterday, but maybe that will change next week.
Facebook stock closes nearly flat in debut
NEW YORK (AP) -- It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.
One of the most anticipated IPOs in Wall Street history ended on a flat note, with Facebook's stock closing at $38.23, up 23 cents from Thursday night's pricing.
That meant the company founded in 2004 in a Harvard dorm room has a market value of about $105 billion, more than Amazon.com, McDonald's and Silicon Valley icons Hewlett-Packard and Cisco.
It also gave 28-year-old CEO Mark Zuckerberg a stake worth $19,252,698,725.50.
source
Maybe we just expected too much.