Twitter share price surges in post-IPO trading

11/7/2013 | Reuters · San Francisco Chronicle (free content) · Forbes

Twitter's market value hit $25 billion after investor enthusiasm for the microblogging company drove the price of shares up 73% on the first day of trading after its initial public offering. After pricing at $26 for the IPO, Twitter's share price hit a session high of $50 on the New York Stock Exchange, before falling back to close at $44.90. Despite the frenzied trading, there were no significant technical glitches.

View Full Article in:

Reuters · San Francisco Chronicle (free content) · Forbes

Published in Briefs: