Ah, the benefit of hindsight.
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. Read more...More about Yahoo, Aol, Facebook, Facebook Ipo, and Business