Articles tagged with: October 19 1987
So the Dow Jones Industrial Average broke a record in March 2013 — now what? It’s impossible to predict how the Dow, that popular barometer of the stock market, will zigzag from here. The only thing certain about the market is that there will be more peaks and crashes ahead, and that’s about as specific as a fortune cookie.
Stock Market Crashes »
Crash of 1987 »
When Microsoft (Stock Symbol: MSFT) went public and launched its initial public offering (IPO) in 1986, the opening stock price was $21.00 per share after the trading day, the price closed at $27.75 per share. As of July 2010, with the company’s nine stock splits, any IPO shares would be multiplied by 288 and if one was to buy the IPO today given the splits and other factors, it would cost about 9 cents per share.