Author: May 2012 became the important moment in Internet business since Facebook, as the pioneer of social media business decided to open this company into public. Facebook is the cyber phenomenon and this is more than just social media site. This is not only the website where people connect each other and share their stories but it is the profitable business that is prove with the fact that Mark Zuckerberg as the founder of Facebook has becomes the young new millionaire through Facebook business. The moment when Facebook became a public company was officially started in May 18th, 2011 although it had to be delayed due to technical problem occurred in NASDAQ exchange.
Perhaps Facebook stock release was started days ago but actually facebook stock price history has been started since February this year. It was February 1st, 2012 by the time Facebook filled for an Initial Public Offering (IPO) where the company tried to raise the fund up to $ 5 billion. From the some documents related to Facebook IPO, Facebook showed the prospect of social media business in the future with 845 active users every month that can be the potential market of Facebook. That IPO was just the beginning of facebook stock price history because it was continued to May 2012 where the stock price was started at 42.10. This value is high enough but it was not like what people expected before.
As the part of facebook stock price history of the first day stock released, the highest price of Facebook stock was 45.00 although it went down to 38.00 and in close session, the price was only 38.18. What can be learned from this condition? Although Facebook is a large company and pioneer in social media business, it can’t guarantee the high stock price due to NASDAQ Index. This company needs more than just reputation but also the creativity to keep its good work in the future.
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