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November 9, 2013 07:30 am GMT

How 10 Internet Companies Fared on Their First Days of Trading

Twitter-1-2

On the company's first day on the New York Stock Exchange, Twitter closed at $44.90 per share, up almost 73% from its opening price of $26 per share

The day's gains may sound impressive, but it hardly compares to eBay's 163% growth (Nasdaq) and Yahoo's 153% growth (Nasdaq) during their first days on the market

See also: Can You Get Rich by Investing $1,000 During an Internet IPO?

However, not all companies perform well on their first days. Facebook finished up just 0.6% on its first day on Nasdaq, and Zynga finished down 5% on its first day on Nasdaq.

Statista's chart shows how the stocks of 10 Internet companies faired on their first days trading on the stock market. Read more...

More about Ipo, New York Stock Exchange, Business, Twitter, and Chart Of The Day

Original Link: http://feeds.mashable.com/~r/Mashable/~3/hMZrmVOW73E/

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