March 13, 1986: Microsoft’s Initial Public Stock Offering (IPO)
24 years, 5 million, aggregator, apple, appx, Atari, Bandai, day in tech history, dividends, Facebook, historical events, initial public offering, initial public stock, IPO, jts, Microsoft, money, multimedia computer, pippin atmark, Podcast, RSS, Share (finance), stock splits, technology history, thumb drive, twitter
0 Comments
Subscribe! Spotify | RSS | More
1986-$21.00 a share was the first price for stock in Microsoft. 2.5 million shares were sold, raising the price to 27.75 and netting the company 61 million initially. Since then, the highest it has gone was 57.91 on Dec 24th, 1999. Yet with about 10 stock splits and several dividends in the 24 years, people definitely got their money’s worth. If you would have purchased 100 shares in 1986 and let those shares ride until today, you would have 102,400 shares of stock at appx. $29 a share.
Wikazine – Full show notes for March 13
Subscribe to Day In Tech History:
RSS Feed - iTunes - Google Play - Spotify
Twitter - Facebook
- RSS Bandwidth by Cachefly Get a 14 Day Trial
Be a Part of the Sconnie Geek Nation!
In Wisconsin, friends are called "Sconnies". Even if you're not from Wisconsin, you can be part of the Sconnie Geek Nation through my coverage! By pledging, you join the Geek Sconnie Nation! Plus, you help me cover costs so I can continue the coverage of Gadget tech, music tech, and geek culture through the shows.
- Apple and Bandai demonstrate the Pippin Atmark Multimedia computer
- JTS sells Atari to HIACXI
- Jerry Jalava gets the first prothstetic thumb drive