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AOL stock outperforms Facebook

May 21st, 2012
Filed under: Social Media — joel @ 11:02 am

Lots of fuss about Facebook’s poor initial stock performance a few days after its IPO. It just goes to show that maybe the stock market isn’t meant to be evaluated on the basis of just a few days’ performance. In fact, if you bought AOL stock on April 5 of this year, you would have paid $18.45 a share, which you could then have dumped on April 9, just two trading days later, for $26.40, a gain of over 43 per cent.

     

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