Like Facebook Under $41?
Facebook stock has had a tumultuous ride since its IPO in May 2012. But, as of today investors in the IPO have seen a 65% return on their investment, and those who were lucky enough to wait and snatch up Facebook stock near the bottom are sitting with a 250% gain. Looking back to 161 days ago, Facebook priced a 70,000,000 share secondary stock offering at $55.05 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 14.3% higher than the offering price.
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