Having a social media account is now fairly common, especially for millennials. Nowadays, there have been many social media developments on the internet. Starting from Facebook to YouTube. However, it turns out that you cannot only play social media, but also you can invest through social media.
It means that many social media shares whose companies have the status of going public. Thus, anyone can buy the shares.
Investing in social media companies certainly can provide benefits in the future.
According to investopedia, it’s never too late to become an investor. You may be well into middle age before realizing that life is moving quickly, requiring a plan to deal with old age and retirement.
Thus, let’s start investing through your social media!
Check out these ways to invest through social media.
The first social media stock was Twitter. Jack introduce Twitter in March 2006.
Although claimed to have suffered setbacks, but apparently Twitter is still victorious. Even in the second quarter of 2019, this stock increased by Twitter.
Initially, they can sell TWTR-coded social media shares for US $ 26. Now, the price per share ranges from US $ 42.
TWTR itself listed on the New York Stock Exchange or NYSE.
Additionally, Twitter shares are also classified as blue chips with a market capitalization of US $ 33.12 billion.
Mark Zuckerberg developed this social medi and opened by all internet service users in September 2006.
From the beginning of its emergence, Facebook is very popular not only among millennials, even the Baby Boomers often use this social media.
Facebook shares, coded FB and have been listed on the Nasdaq exchange, based in New York City.
Nasdaq is a stock exchange which has a large market capitalization or blue chip.
Facebook itself has a market capitalization of US $ 539.26 billion. Initially, the company can sell these social media shares were at US $ 38, but now they sell at around US $ 189 or around Rp2.69 million.
The next social media coming from China is Weibo. Weibo is only famous in China and it is a microblogging site. Sina Corp created and launched Weibo on August 14, 2009.
Sina Corp is a technology company founded by Wang Zhindong, Wang Yan, Hurst Lin and Ben Tsiang in 1998.
Although only famous in China and headquartered in Shanghai and Beijing, Sina Weibo is listed on the United States stock exchange, Nasdaq.
WB-coded social media shares, began to be traded publicly on the stock exchange since April 17, 2014 at a price of US $ 17 per share.
At present, the price per share has increased to reach US $ 37. The capitalization of Sina Weibo itself in the market is worth US $ 8.50 billion.
Snap Inc.
A popular social media called Snapchat was developed by Evan Spiegel, Bobby Murphy, and Reggie Brown.
SNAP-coded social media shares began trading on the New York Stock Exchange (NYSE) on March 2, 2017.
The initial price of this stock was US $ 17 per share, and had decreased but now returned to normal at US $ 17 per share or around Rp 242 thousand.
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