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Ultimately underwriters settled on a price of $38 per share, at the top of its target range. [23] This price valued the company at $104 billion, the largest valuation to date for a newly public company. [24] On May 16, two days before the IPO, Facebook announced that it would sell 25% more shares than originally planned due to high demand. [25]
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12][13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Facebook's initial public offering came on May 17, 2012, at a share price of US$38 ($50.00 in 2023 dollars [20]). The company was valued at $104 billion ($138 billion in 2023 dollars [ 20 ] ), the largest valuation to that date.
Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won't sell shares of the social media company. Trump owns nearly 115 million shares of the ...
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 ...
Product (news feed) Facebook publishes its list of "News Feed Values" that will guide its decisions and algorithms for the news feed. A core value listed is that friends and family come first, and Facebook announces that it is increasing the circulation of content about friends and family relative to publisher content. [367] [368] [369] 2016 ...
Share Prices in a Korean Newspaper. A share price is the price of a single share of a number of saleable equity shares of a company. In layman's terms, the stock price is the highest amount someone is willing to pay for the stock, or the lowest amount that it can be bought for.
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from ...