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Facebook Sold Shares of Stock for the First Time in an IPO

question 59

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Facebook sold shares of stock for the first time in an IPO on May 18, 2012. The stock originally sold for $38 per share. As of October 19, 2012, a share of Facebook stock was valued at $19 per share. The decrease in the value of a share of Facebook purchased in May and still owned in October is called


Definitions:

Object Permanence

The concept that items maintain their existence even when they are out of sight, sound, or beyond sensory perception.

Motor Development

The progression of muscular coordination required for physical activities, influenced by genetic and environmental factors.

Developmental Milestones

Key stages in the physical, emotional, intellectual, and social development of humans, especially as observed in children as they grow.

Self-esteem

An individual's subjective assessment of their own worth or value.

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