Question
Facebook has been in many ways an incredible success story, from its rapid growth as a company as well as stock price appreciation. Facebook (now
Facebook has been in many ways an incredible success story, from its rapid growth as a company as well as stock price appreciation. Facebook (now Meta Platforms Inc, NASDAQ: META), began trading on May 18th, 2012 at approximately $38.0 USD and reached a high of $378.2 USD on September 10th 2021. This is an investment gain of over $340.0 USD, an ROI of 895.29%, or 27.96% on an annualised basis.
The challenge is that since reaching that high, as at the time of writing (2022), Facebook and many other technology companies have experienced significant stock price declines.
Facebook is currently in its mature stage of the business lifecycle.
1. Do you think companies in their mature stage are good for stockholders and would you invest?
2. What factors led you to this choice?
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