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On Monday, Facebook Inc. (Nasdaq: FB) celebrated its three-year anniversary as a publicly traded company. A celebration was indeed in order.
The Facebook stock price today is trading around $80. That's a 110% climb from FB's $38 IPO price.
Facebook's valuation at the time of the IPO was $104 billion, making it the most valuable U.S. company. Facebook instantly became the 23rd-largest U.S. company by stock market capitalization. According to Capital IQ, Facebook's market cap at the time was bigger than tech heavyweights Amazon.com Inc. (Nasdaq: AMZN) and Cisco Systems Inc. (Nasdaq: