Facebook stock actually dropped to about half the IPO price in the first few months. I think only 10% of Facebook stock is in the public float.What Facebook did was they took the money they raised and bought a ton of companies.
How is that relevant? The stock is now 134...up from I believe 35. Facebook back then had no hardware, they are much more diversified now. They also went after other tech companies market shares like Youtube with their Facebook videos and Google maps with their Facebook business review pages.Facebook stock actually dropped to about half the IPO price in the first few months.
Amazon has enormous market share in all things retail. Like Facebook they also diversified into hardware.Amazon didn't make money for years but I don't think their stock suffered.
An example of how an IPO can drop in price and more than recover.How is that relevant?
There will be worldwide suicides. I think Twitter is below its IPO price. I remember Twitter said they wanted to price their IPO price properly so it wouldn't sink like Facebook originally did.I'd love to see the world-wide reaction if one of these Twitter or Facebook outfits just decided to close up shop and shutdown one day.
It seems everybody uses Twitter so why is its stock price in the gutters?
Twitter has shopped itself around, no one wants to buy it. It's a dying platform that can't make money.An example of how an IPO can drop in price and more than recover.
Maybe Twitter is a takeover target?