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coming off of world war 2 there were not many buyers buying stocks. So the stocks crashed.
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On December 12, 1980, Apple launched its IPO (initial public offering) of its stock, selling 4.6 million shares at $22 per share with the stock symbol “AAPL” on the NASDAQ market. The shares sold out almost immediately and the IPO generated more capital than any IPO since Ford Motor Company in 1956. It went up because of apple's technology.
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The economy began shifting rapidly so people were still getting used to it when the stock market crashed.
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It was Average because shares were $13 and not a lo of people were buying but some people bought shares
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It went up because a lot of buyers were there that month buying stocks so it went up
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Lots of buyers were there
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Right after Facebook went IPO it raised 16 billion dollars. it succeeded because it was the best social media platform
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There stock price for 1 share is very expensive but people invest in it because it can make you a lot of money
