Economy

Twitter Stock Makes Impressive Debut at NYSEi
X
November 08, 2013
The most hotly anticipated stock offering of the year did not disappoint. Shares of Twitter jumped nearly 75 percent above the opening price of 26 dollars at the opening bell of the New York Stock Exchange. The seven-year-old online micro-blogging service is now valued at more than $30 billion. But despite a stellar opening, many still have doubts about how profitable the company will be. Mil Arcega has more.

Twitter Stock Makes Impressive Debut at NYSE

Published November 07, 2013

The most hotly anticipated stock offering of the year did not disappoint. Shares of Twitter jumped nearly 75 percent above the opening price of 26 dollars at the opening bell of the New York Stock Exchange. The seven-year-old online micro-blogging service is now valued at more than $30 billion. But despite a stellar opening, many still have doubts about how profitable the company will be. Mil Arcega has more.


You May Like

Multimedia Relatives of South Korean Ferry Victims Fire at Authorities

46 people are confirmed dead, but some 250 remain trapped inside sunken ferry More

War Legacy Haunts Vietnam, US Relations

$84 million project aims to clean up soil contaminated by Agent Orange More

Wikipedia Proves Useful for Tracking Flu

Technique gave better results than Center for Disease Control (CDC) and Google’s Flu Trends More