PACF › iShares DJ SELECT DIVID (PACF:DVY)
66.94 +0.59 (+0.88%)
2013-05-17 15:57:35, 15 min delay
|Year End Close||57.24|
|Year High Date||2013-05-17|
|Year Low Date||2013-01-08|
|52wk High Date||2013-05-17|
|52wk Low Date||2012-06-04|
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Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company. The social network's market value was more than $100 billion. Now, Facebook's stock is trading roughly 30 percent lower and has not hit its IPO price of $38 per share. Today, Facebook is valued at around $63 billion.
20 hours ago
It was supposed to be our IPO, the people's public offering. Then came the IPO, and it flopped. Facebook's stock finished its first day of trading just 23 cents higher than its $38 IPO price. It hasn't been that high since. Even amid the hype and excitement surrounding Facebook's May 18 stock market debut a year ago, there were looming doubts. Investors wondered whether the social network could increase advertising revenue without alienating users, especially those using smartphones and tablet computers.