Meta’s IPO: A Look Back at 2012
Due to the hype surrounding its IPO, initial excitement was high. Meta went public at US$38 per share, raising over US$16 billion. However, the social media giant’s honeymoon period didn’t last long, and the stock struggled almost immediately. By early September 2012, less than three months after listing, the stock price had declined to less than half its IPO...Meta Platforms, Inc. (NASDAQ: META) was formerly known as Facebook.
What started as a social media platform for college kids has since evolved into one of the largest digital advertising businesses in the world.
Picture this: you had placed US$10,000 in Meta at its initial public listing (IPO) on 18 May 2012 and held it through every rally and every crash.
By now, your returns would be extraordinary.
However, the journey wasn’t easy for both the company and its investors.
Below, we explore how Meta created long-term shareholder wealth and lessons investors can learn from its journey.
