Friday is the sixth anniversary of Facebook's initial public offering, and an investor at that time would have made a nice return between then and now.
Facebook initially offered its stock at $38 per share on the morning of May 18, 2012, and closed trading that day just above that, at $38.23, according to data from Yahoo Finance.
The chart below shows the value of a $1,000 investment bought at that closing price of $38.23 over the following six years. As of 9:40 a.m. ET on Friday, that investment would be worth $4,792.83 at Facebook's per-share price of $183.23.
That's a bit lower than the stock's all-time-high closing price of $193.09, set on February 1, before the Cambridge Analytica data scandal sent the stock tumbling for several weeks. But it's still an impressive increase.
Source: Bloomberg Pro Terminal
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