Big Tech plays a huge role in the stock market, and most tech based companies offer good growth opportunities for investors. The biggest first trading day for a stock came when Facebook first launched its stock options in the market, receiving 567 million trades in the span of a day with each share being worth around $38. That’s almost 6 times the previous record of 120 million shares traded in a day, which was set by General Motors a couple years prior.
With all of that having been said and now out of the way, it is important to note that Meta has not seen the same kind of growth that its Big Tech counterparts have attained. In spite of the fact that this is the case, Meta shares have still gone up significantly being worth upwards of $200 right now. With Meta’s IPO now reaching its 10 year anniversary, it can be useful to compare its stocks performance over the last decade as compared to other major tech companies.
The most profitable investment by far in the year 2012 would have been Amazon because of the fact that this is the sort of thing that could potentially end up increasing your investment tenfold. A thousand dollars invested in Amazon stock a decade ago would now have been worth over $10,000, or $10,149 to be precise. Microsoft comes in second, with its stock appreciating by 879.8% in the past decade.
Apple performed quite well too, with its 768.8% stock value appreciation helping it gain third place in this contest. Coming in at a close fourth is Alphabet, whose stock rose by 739% in the same period.
Meta, on the other hand, only saw its stock appreciate by 526%, and while that is still a decent total that many investors would be happy with, it fails to measure up to the standards set by its better established and more positively perceived competitors. That might be because of the massive 40% drop in share price that the company saw in January which was caused by numerous factors including a falling MAU count.
H/T: Statista.
Read next: The Number Of Houses Around The World With Smart Devices Is Expected To Rise Further
With all of that having been said and now out of the way, it is important to note that Meta has not seen the same kind of growth that its Big Tech counterparts have attained. In spite of the fact that this is the case, Meta shares have still gone up significantly being worth upwards of $200 right now. With Meta’s IPO now reaching its 10 year anniversary, it can be useful to compare its stocks performance over the last decade as compared to other major tech companies.
The most profitable investment by far in the year 2012 would have been Amazon because of the fact that this is the sort of thing that could potentially end up increasing your investment tenfold. A thousand dollars invested in Amazon stock a decade ago would now have been worth over $10,000, or $10,149 to be precise. Microsoft comes in second, with its stock appreciating by 879.8% in the past decade.
Apple performed quite well too, with its 768.8% stock value appreciation helping it gain third place in this contest. Coming in at a close fourth is Alphabet, whose stock rose by 739% in the same period.
Meta, on the other hand, only saw its stock appreciate by 526%, and while that is still a decent total that many investors would be happy with, it fails to measure up to the standards set by its better established and more positively perceived competitors. That might be because of the massive 40% drop in share price that the company saw in January which was caused by numerous factors including a falling MAU count.
Read next: The Number Of Houses Around The World With Smart Devices Is Expected To Rise Further
