If You Had Invested $1,000 in Meta in 2012, This Is How Much You Would Have Today
Meta Platforms (NASDAQ: FB), the tech giant formerly known as Facebook, went public at $38 per share on May 18, 2012. If you had invested $1,000 in that IPO, your stake would be worth nearly $9,000 today. But if you had waited and invested that $1,000 in the company after its stock plunged below $18 that September, your stake would be worth nearly $19,000 today.
Either way, your original investment would have easily outperformed the S&P 500, which has risen about 260% since Meta's first trading day. Let's look back at how the company repeatedly defied the bears, and where this constantly evolving tech titan might be headed over the next few years.
Image source: Meta.
Source Fool.com
