Facebook Inc (FB) Stock Couldn’t Reclaim Its Opening Day Price

Mani

Published onAugust 2, 2013

Updated on May 13, 2021

Facebook Inc (NASDAQ:FB)'s stock recently reclaimed its $38 IPO price for the first time in 14 months, though it couldn’t scale $45 posted on its opening day.

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As noted earlier, most buy orders of the social-networking giant on May 18, 2012 went in at $45 a share.

Hence, despite the recent upswing in Facebook Inc (NASDAQ:FB)’s price to $38, a few are still holding on to about 7 percent loss from their opening trading day.

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Facebook Inc (FB) Stock Couldn’t Reclaim Its Opening Day Price

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