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November 7, 2013 08:51 pm GMT
From a humble beginning as a failing podcast startup to an online conversation service now used by over 230 million people worldwide, Twitter today started its first day of trading as a public company with a bang. Trading on the NYSE as $TWTR, the stock opened up at $45.10, a pop of 73.5% on the price of $26 that it set yesterday. The pop values the social network at $31.8 billion, based on 705,098,594 fully diluted shares.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pTc8bhpVDfE/
Twitter Flies On Its First Day As A Public Company: Shares Pop 74% On First Trades, Debuts At $45.10 And $31.8B Valuation
From a humble beginning as a failing podcast startup to an online conversation service now used by over 230 million people worldwide, Twitter today started its first day of trading as a public company with a bang. Trading on the NYSE as $TWTR, the stock opened up at $45.10, a pop of 73.5% on the price of $26 that it set yesterday. The pop values the social network at $31.8 billion, based on 705,098,594 fully diluted shares.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pTc8bhpVDfE/
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