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Facebook employees had been finding private buyers to unload their shares as early as 2007, and when SharesPost launched in 2009, early employees started exiting en masse. Class B shares of Facebook traded as high as $44.50/share ($46.30/share after commissions) on SharesPost prior to the IPO.
t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held ...
Meta Platforms, Inc., [ 10] doing business as Meta, [ 11] and formerly named Facebook, Inc., and TheFacebook, Inc., [ 12][ 13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [ 14]
Zuckerberg sold nearly $428 million worth of Meta Platforms, Inc. shares at the end of 2023, according to Market Watch, which referenced a regulatory filing with the U.S. Securities and Exchange ...
Here’s how to buy stock and the steps you need to take to become a stockholder. 1. Choose your online broker. You’ll need to get set up with a broker to buy stock, but that takes only minutes ...
On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around $15 billion. [76] However, Microsoft bought preferred stock that carried special rights, such as "liquidation preferences" that meant Microsoft would get paid before common stockholders if the ...
As of December 2022, Facebook claimed almost 3 billion monthly active users. [ 7] As of October 2023, Facebook ranked as the third-most-visited website in the world, with 22.56% of its traffic coming from the United States. [ 8][ 9] It was the most downloaded mobile app of the 2010s.
GOOG PE Ratio data by YCharts. A trailing P/E ratio is a time-tested measure that helps investors understand a stock's value. The lower the ratio, the less investors pay for their share of the ...
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