8 Nov 2013

Twitter Closes First Day at NYSE at $44.90 a Share




Twitter Inc., the company known for the micro-blogging/social networking free service Twitter (i.e. a 140 character per-status update (“tweet”) feed in which users can follow, send, and read) began trading on the New York Stock Exchange (NYSE) at 9:30 AM on Wednesday. Shares rose as high as $50.09.


This means that Twitter Inc. (TWTR) is now a public company, and upon launch, shares were priced at $26 a pop, initially valuing the company at $18.34 billion.





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