3 Stocks That Look Just Like Facebook in 2012
It's hard to fathom today, but when Facebook (NASDAQ: FB) went public on May 18, 2012, its IPO was kind of a disaster. Technical glitches with the flotation, errors in recording trades, and allegations that Facebook withheld material information from its investors all spawned a spate of lawsuits from aggrieved investors, and within just hours of the IPO Facebook stock was already falling.
Who would want to buy a stock that looks anything like Facebook did in 2012? Come to think of it, a lot of investors would probably jump at the chance. After a rocky start, Facebook quickly recovered from its early stumble, and proceeded to march on to ever higher heights. At last report, Facebook stock was trading north of $168 a share -- $130 higher than its $38 IPO price.
Does any of this remind you of anyone? We asked three of our favorite Fools, and they said "yes." "Facebook in 2012" looks a bit like TripAdvisor (NASDAQ: TRIP), SiriusXM (NASDAQ: SIRI), and ... Facebook in 2017.
Source: Fool.com
Sirius XM Holdings Inc. Stock
With 6 Buy predictions and 5 Sell predictions the community is currently undecided on Sirius XM Holdings Inc..
With a target price of 4 € there is a slightly positive potential of 16.58% for Sirius XM Holdings Inc. compared to the current price of 3.43 €.
