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The Verdict Is In: Facebook Is Not Google

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In the 63 trading days that Facebook has been public, the stock has lost nearly half of its value. In Google's first 63 days of trading, the stock nearly doubled.

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Remember back in May when a lot of analysts were saying that in order to predict how Facebook (FB) would do in its IPO and the days that followed, that you had to look at how Google (GOOG) performed following its IPO? Well, that didn't work. In the 63 trading days that Facebook has been public, the stock has lost nearly half of its value (-47.7%). In Google's first 63 days of trading the stock nearly doubled (98.8%), and after 100 trading days the stock was up 129%.



This article was originally published by Bespoke Investment Group.
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