Savanna Mead. Tri 1 economics
Initial stock report.
1.)Apple was established on April 1st, 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne to sell the Apple I personal computer kit. Steve Jobs was said to own 45% of the company, Steve Wozniak with 45% and Wayne with the remaining 10%. While Jobs and Wozniak were young with little to no assets, Ronald Wayne was older with personal assets and was scared to put these at risk. This resulted in Wayne selling his share of the company back to Jobs and Wozniak for a reported 800$. Today Wayne’s share of the company would be worth over 3 billion dollars 2.) In my opinion apple decided to sell shares to expand business and get more people interested in the company. More investors. 3.)The current stock price per share for Apple is $525.50. The 52 week price range is $385.10 to $635.38. Apple is traded on the Nasdaq. 4.)I chose to purchase stocks from apple because basically everyone I know as some sort of apple device. Apple inc. is on the rise! They keep coming out with newer and better technology that intrigues everyone to buy! Facebook
1.) Facebook was founded in February 2004 by Mark Zuckerberg with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The founders had initially limited the website's membership to students of the University of Harvard, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities before it opened to high school students, and eventually to anyone ages 13 and over. Facebook now allows anyone who claims to be at least 13 years old to become a registered user of the website. 2.)In my opinion Facebook decided to sell shares because it got so big so fast! More investors were needed to make facebook even bigger and better! 3.)The current stock price per share for Facebook is $52.78. The 52 week price range is $18.87 to $54.83. Facebook is traded on the Nasdaq. 4.) I choose to purchase stocks from facebook b...