Facebook IPO'd Six Years Ago Today. How Much Would You Have If You'd Invested $1000?

By on May 18, 2018 in ArticlesEntertainment

Six years ago today, Facebook made its debut on the stock exchange with its Initial Public Offering. Facebook sold 337 million shares of the company with the goal of raising $13 billion in cash during the IPO. Shares debuted at $38 and the company raised a bit more than $16 billion on the first day of trading. Today, Facebook stock is trading at just over $183.23 per share. So, if you had invested $1,000 in Facebook at the end of the trading day on May 18, 2012 at $38.23 per share, what would that investment be worth today?

EMMANUEL DUNAND/AFP/Getty Images

Before we get to that, it should be noted at Facebook's stock is currently trading lower than its all-time high closing price of $193.09 on February 1, 2018. After the Cambridge Analytica data scandal was made public, the stock fell off for a number of weeks as the market gauged how much it could or could not trust the social network.

Still though, from $38.23 to $183 and change is a substantial increase.

On Friday morning May 18, 2018 that investment would be worth $4,792.83.

Hindsight, as they say is 20/20.

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She attended the University of Southern California where she majored in Creative Writing. An avid long distance runner, weekends she can be found running the streets of Los Angeles training for 1/2 and full marathons. Follow her on Facebook.
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