Those who rushed to buy Facebook stock at its initial public offering price of $38 per share on May 18, 2012, are likely a little disappointed with their investment one year later. Though the stock has recovered from its $17.55 September 4 low, the price of the stock today, at a little more than $26 per share, is still closer to its all-time low than its opening price.
What if investors had put their money into other technology or Internet companies? Statistics database Statista looked at how a $1,000 investment made on the day of Facebook's IPO would have performed nearly one year later in the chart below.
Surprisingly, it's the first-generation Internet companies, including AOL and Yahoo, that would have offered the best return. Today, a $1,000 investment made in Yahoo a year ago would be worth $1,787. AOL would be worth $1,647. And Google would be worth $1,451. Investors would have lost $163 on Apple, but that's still better than the $312 they lost on Facebook.
By Lauren Indvik
Article From : mashable.com/2013/05/18/facebook-stock/
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