What was AOL's first stock price?
Under CEO Steve Case, who helped reform the defunct Control Video Corp. into America Online, the company began trading on the Nasdaq Stock Market on March 19, 1992 under the ticker "AOL." The IPO was priced at $11.50. Shares rose 28.3% in its first day or trading to close at $14.75. 2. 1995 -- AOL.com Homepage Debut
What was AOL's third stock split?
AOL's third split took place on November 29, 1995. This was a 2 for 1 split, meaning for each share of AOL owned pre-split, the shareholder now owned 2 shares.
What was the first day of the AOL IPO?
Under CEO Steve Case, who helped reform the defunct Control Video Corp. into America Online, the company began trading on the Nasdaq Stock Market on March 19, 1992 under the ticker "AOL." The IPO was priced at $11.50. Shares rose 28.3% in its first day or trading to close at $14.75.
When did AOL go public?
Here are 17 things you should know about AOL since it went public in 1992 to now. NEW YORK ( TheStreet) -- Those of us who can remember back to the early days of America Online probably recall that cringe-inducing modem sound and the "you've got mail" sound effect.
What did AOL stock turn into?
In October 2003, the company dropped the AOL portion of its corporate name and began trading under the "TWX" ticker. The deal was hailed as historic at the time but soon turned to disaster. Media in general was already on a precipice of transforming from an analog world to a digital world.
How do I find historical stock prices for old Companies?
To find stock prices, click on the Companies/Markets tab on the top of the screen, type in your ticker symbol and indicate whether you want daily or monthly prices. Prices are available for the last 3 years. A web resource for historic stock prices is Yahoo Finance (Stock Prices) - http://finance.yahoo.com/ .
Is there still AOL stock?
For the second time in two months, a Yahoo-Aol merger is in the headlines. According to a new report from Reuters, top shareholders are pressuring Yahoo to join with the company formerly known as America Online.
Why did AOL fail?
At its peak, AOL had a market capitalization of more than $200 billion, dominating email, internet connectivity, online news and chat. But AOL couldn't maintain its superior position as subscription and advertising revenue dried up with the shift from dial-up modems to cable broadband.
Where can I find past stock prices?
If you're looking for a historical range of data on an individual security then you can use Investopedia's Markets section to find what you need. In order to navigate to the historical data, enter the ticker symbol of the equity you're looking for into the "Search Company or Symbol" search box on the page.
How do I find historical shares outstanding?
How to calculate outstanding sharesGo to the balance sheet of the company in question and look in the shareholders' equity section, which is near the bottom of the report.Look in the line item for preferred stock. ... Look in the line item for common stock. ... Look in the line item for treasury stock.More items...•
Does AOL still exist in 2021?
On May 3, 2021, Verizon announced it would sell Yahoo and AOL to private equity firm Apollo Global Management for $5 billion....AOL.AOL headquarters, 770 Broadway, New York CityParentAOL Time Warner (2001–2009) Verizon Communications (2015–2021) Yahoo! Inc. (2021–present)Websitewww.aol.com9 more rows
What is AOL worth today?
Nothing about AOL today is on the same scale as back then....By the numbers: AOL then and now.AOL's…2000*TodayMarket value**$224 billion$4.4 billionEmployees15,0004,500Total annual revenue$9.5 billion$2.5 billionDial-up revenue$6 billion$606.5 million2 more rows•May 12, 2015
When did AOL go out of business?
AOL was down, but not out. The company split with Time Warner in 2009 and continued to chug along, making money off of its dial-up business and acquiring media properties like the Huffington Post in 2011. Now, AOL is the one being acquired.
Who owns AOL now?
YahooAOL Holdings LLCAOL/Parent organizationsYahoo and AOL, formerly known as Verizon Media, have officially been acquired by their new owners and renamed as simply “Yahoo.” Verizon announced it was selling the properties to Apollo Global Management in May in a deal said to be worth $5 billion, around half of the nearly $9 billion the telecom giant originally ...
How much money did AOL lose?
$98.7 billionBattered media giant AOL Time Warner Inc. posted an annual loss of $98.7 billion, the largest in corporate history, after taking another massive charge to reflect the falling value of its Internet unit and other properties.
How much did AOL charge per hour?
Hourly Rates for Access to AOL "America Online expects that 90 percent of its customers will not use more than 5 hours per month so they'll just pay a fixed rate of $9.95. Heavy users will be able to purchase additional online time (beyond the initial 5 free hours) at the rate of $3.50 per hour."
Where can I find old stock symbols?
You go to a website with historical stock information (like Yahoo! Finance or Wall St. Journal's MarketWatch), search for the company name or ticker symbol, and voila!
What is WR Grace stock price?
59.50Performance OutlookPrevious Close59.50Ask0.00 x 10000Day's Range59.50 - 59.5052 Week Range33.40 - 59.50Volume5903 more rows
How much was AOL worth in 1999?
When did AOL go public?
By the end of 1999, AOL would be worth more than $100 billion, making a $100 investment at AOL’s IPO worth more than $28,000. Of course the growth story would not last. America Online would become synonymous with the late 90’s internet bubble.
When did AOL get spun off?
March 19th, 1992 – America Online, Inc. goes public on NASDAQ at the original price of $11.50. AOL would close at $14.75, up 28.3% on the day. On the day of it’s IPO AOL would have a market cap of $62 million. By the end of 1999, AOL would be worth more than $100 billion, making a $100 investment at AOL’s IPO worth more than $28,000.
When did Capital Cities buy ABC?
By 2009, AOL would be spun off from Time Warner to become its own stand alone company with a market cap of about $3.3 billion, down more than 97% from AOL’s tech bubble highs.
Who was the broadcaster who bought out of bankruptcy?
March 19th, 1985 – Capital Cities Communications announces a $3.5 billion purchase of American Broadcast Companies (ABC). At the time, the deal would be the largest non-oil and gas business transaction in history. Warren Buffett helped finance the deal in exchange for a 25% stake in the new company.
How much did AOL buy advertising.com?
The story of Capital Cities is truly amazing. Especially considering that Murphy had no experience in the broadcast business prior to agreeing to run WTEN, a TV station that Murphy’s friend purchased out of bankruptcy in 1954. Burke was hired on at the age of 31 and also had no experience running a broadcasting company (Burke was a project manager in the JELL-O division of General Foods prior to).
How much did Verizon buy AOL?
AOL acquires Advertising.com for $435 million in a move to shift its business model from subscription-based to advertising-based. "We intend to play big across the board in all the forms of Internet advertising," then-Chairman and CEO of AOL Jonathan Miller said at the time of the deal.
How much was AOL worth in 2003?
Verizon ( VZ) - Get Verizon Communications Inc. Report plans to acquire AOL for $4.4 billion, or $50 a share. Shares spiked in early trading on the news.
Why was AOL investigated?
The deal, valued at $350 billion, created the world's largest media company at the time. In October 2003, the company dropped the AOL portion of its corporate name and began trading under the "TWX" ticker. The deal was hailed as historic at the time but soon turned to disaster.
How many members does AOL have?
AOL was also investigated by the Securities and Exchange Commission and by the Department of Justice for allegedly inflating its ad revenue.
When did AOL and Time Warner merge?
The transaction brought AOL's membership base to nearly 12 million at the time. (Today it is at roughly 200 million, according to the company's Web site.)
When did Time Warner spin off AOL?
AOL and Time Warner ( TWX) merge on Jan. 11, 2001 creating AOL Time Warner, celebrated in the photo above by AOL CEO Steve Case (left) and his counterpart at Time Warner, Gerald Levin. The company traded under the ticker "AOL.". The deal, valued at $350 billion, created the world's largest media company at the time.
What does "2 for 1 split" mean?
Time Warner announces in May 2009 that it would spin off AOL as an independent company. The divestiture was completed in December 2009.
How many splits does AOL have?
This was a 2 for 1 split, meaning for each share of AOL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. AOL's third split took place on November 29, 1995. This was a 2 for 1 split, meaning for each share of AOL owned pre-split, ...
What is stock split?
AOL (AOL) has 7 splits in our AOL split history database. The first split for AOL took place on November 25, 1994. This was a 2 for 1 split, meaning for each share of AOL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
Does AOL stock market share rise after split?
What is a Stock Split? AOL is a media and technology company with digital brands, products and services that it provides to consumers, advertisers, publishers and subscribers. Co. provides digital content, products and services and advertising services on both its owned and operated properties and third-party websites.
