Acquired
Meta
Ben Gilbert
Ultimately, bottoms out on September 4th, 2012 at $17.68, down 53.5% from the IPO price. So market cap cut in, you know, over half in what's that... Five months since the IPO. It wouldn't end up reaching IPO price again until August 2013. Anyone who bought at the IPO was underwater for 16 months. Underwater for 16 months and five months later had lost half their money on Facebook.
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