Facebook Share Price is US $ 26 one year from the IPO which was Priced at US $ 38 ~ seems to have stabilised in mid 20s but yet looks premium value rather than fair or bargain ~ 52 Week H/L is US $ 45/US $ 17.55 with current Market Cap over US $ 63 billion
Google is at US $ 904 with a 52 Week H/L of US $ 916/US $ 557 and a current market cap of US $ 300 Billion
There are a few who feel that fb can reach Google’s current Market Cap in the years ahead ~ that’s a Five Bagger !
Had Posted these three fb ipo blogs last year
Monday, August 13th, 2012
Facebook IPO Price Fixed at US $ 38…Historic and Much Awaited Nasdaq Listing sees Record Volumes but Underwriting support to not let Price drop below US $38…Zuckerberg how about an Indian listing !?
Saturday, May 19th, 2012