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Meta Platforms (NASDAQ: META) has been a dream stock for investors, returning 90% over the past year and an even more spectacular 548% since its low in 2022, when shares briefly traded under $90. ...
The stock struggled to stay above the IPO price for most of the day, forcing underwriters to buy back shares to support the price. [33] At the closing bell, shares were valued at $38.23, [ 34 ] only $0.23 above the IPO price and down $3.82 from the opening bell value.
Meta Platforms' stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new shareholder return initiatives.With ...
David Jagielski, The Motley Fool. September 2, 2024 at 5:05 AM. After soaring an incredible 194% in 2023, shares of Meta Platforms (NASDAQ: META) are continuing to rise even higher this year, with ...
v. t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly ...
The next day of trading after the IPO (May 21), the stock closed below its offering price, at $34.03. [41] The stock saw another large loss the next day, closing at $31.00. [41] A 'circuit breaker' was used in an attempt to slow down the decline in the stock price. [42] The stock increased modestly in coming days, and Facebook closed its first ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn’t one of them. The 10 stocks that made the ...
Meta’s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. The tech giant on Thursday reported that profit from the three months ...