Facebook Stock Price: For Facebook Inc (NASDAQ:FB) investors, there is nothing worse than the thought of the social networking monster ending up in the same boat as Yahoo! Inc. (NASDAQ:YHOO) and Research In Motion Limited (NASDAQ:RIMM). When looking back at the past 12 months, it is easy to see that each company has had their fair share of bad days, although things may be beginning to look up for the trio.
The key difference to be aware of, however, is that Facebook is newest entrant into the publicly traded marketplace. Despite the fact that all three have shown somewhat of a recovery over the past three months, it is Facebook that has the most to lose (and gain) going forward.
Since its disastrous IPO in May, Facebook Inc (NASDAQ:FB)’s stock price has been all over the place. That being said, a 54% climb since September has brought forth some optimism. Its current price in the $27 range is a far cry from its opening IPO price. Of course, this is much better than where things stood during the heat of summer.
Do you recall the days when Research In Motion (RIM) was trading in the triple digits? This was four years ago, but many investors remember it like yesterday. Despite a monumental crash over the past couple of years, things are actually looking up for RIM. In the past three months alone, it is up a staggering 65% to right around $11-$12/share.
Yahoo, much like RIM, has seen better days. Although it was once a $35 stock, it is currently hovering around $19. Fortunately for investors in this company, shares are up almost 30% since September.