If You Invested $1,000 In Facebook Stock At IPO 11 Years Ago, Here's How Much You'd Have Now
Portfolio Pulse from Shanthi Rexaline
It's been 11 years since Meta Platforms, Inc. (NASDAQ:META), formerly known as Facebook, went public. A $1,000 investment in Facebook at its IPO price of $38 would have fetched an investor 28.3 shares, which would now be worth about $6,863 at the stock's closing price of $242.49 on Wednesday, representing a 486% return on the initial investment.
May 18, 2023 | 10:11 am
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Meta Platforms, Inc. (NASDAQ:META) has seen a 486% return on investment since its IPO 11 years ago, with shares now worth $242.49.
The article focuses on the historical performance of Meta Platforms, Inc. (NASDAQ:META) since its IPO 11 years ago. While the information is interesting for investors, it does not provide any new insights or developments that would directly impact the stock price in the short term.
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