A lot of people got rich on Twitter (NYSE: TWTR) stock following the Twitter IPO this week.
Especially after it opened 73% above its IPO price at $45.10.
A lot of people got rich on Twitter (NYSE: TWTR) stock following the Twitter IPO this week.
Especially after it opened 73% above its IPO price at $45.10.
The Twitter (NYSE: TWTR) hype machine is in full gear, and the first trades are now indicating $45, up 73% from the $26 pricing last night.
If the stock market were a pinball machine, it would read “tilt.”
Facebook’s anemic 2012 initial public offering has gone down in history as one of the great IPO flops. Twitter, it seems, is eager to avoid repeating Mark Zuckerberg’s mistake, with the Twitter IPO price set at a modest $17 to $20 per share.
San Francisco-based Twitter Inc. (NYSE: TWTR) has found a new home on Wall Street: the Big Board.
“We intend to list the common stock on the New York Stock Exchange under the symbol TWTR,” read Tuesday’s amendment to the company’s Form S-1 filing with the U.S. Securities and Exchange Commission.
Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business’ “Varney & Co.” to discuss how the big banks are putting Twitter stock on sale, and whether investors should buy once it hits the market.
According to some sleuthing from PrivCo, a New York-based firm engaged in the research of privately held companies, the Twitter IPO date is Nov. 15.
Over the last month we’ve seen Facebook’s (Nasdaq: FB) dramatic share price rebound, Twitter’s stock IPO announcement, and LinkedIn (NYSE: LNKD) stock on fire, but have you ever wondered… how do social media companies make money?
As the microblogging giant prepares to come to market, tweets speculating about the value of Twitter stock abound…
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The Twitter stock IPO is going to happen – it’s no longer a question of if, but of when. The company is the latest social media concern to go public, and investors and commentators alike are looking forward…