How Many Shares of FAANG Could You Buy for a Met Gala Ticket?

Credit: The Street
Published on May 7, 2019 - Duration: 01:57s

How Many Shares of FAANG Could You Buy for a Met Gala Ticket?

The Met Gala may be over, but the time to invest isn't.

The $35,000 sticker price for a single ticket to the Met Gala may not make everyone do a double take, but it's definitely no small sum.

So, let's take a minute to Streetify the Met Gala.

An investor, who has $35,000 to put to work, could buy a total of 45 shares of FAANG stocks.

So, how does that work?

TheStreet took the Monday, May 6 closing price of each FAANG name--meaning Facebook , Apple , Amazon , Netflix and Google --to break down how many shares per company you could buy for a total of $35,000.

Facebook: An investor could buy nine shares of Facebook at $193.88 for a total of $1,744.92.

Apple: For a total of $1,876.32, investors could buy nine shares at $208.48 per share.

Amazon: Another nine shares at $1,950.55 apiece for a total of $17,554.95.

Netflix: Nine shares at $378.67 per share, for a grand total of $3,408.03.

Google: Investors could buy nine shares of Class A shares for $1,193.46 apiece for a total of $10,741.14.

And the total?

$35,325.36.

So, investors, might be time to put that money to work.

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