Economy

Twitter Stock Makes Impressive Debut at NYSEi
X
November 08, 2013 12:25 AM
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

AU Takes Action on Boko Haram, Defers on S. Sudan

African Union is moving forward with a request for a military force to stop the spread of Boko Haram insurgency in West Africa; Ban Ki-moon welcomes decision to form a five-nation force More

Mass Protests Held for 58 Killed in Pakistani Shi'ite Mosque Bombing

Thousands of Shi'ite Muslims took to the streets across Pakistan Saturday to protest a powerful bomb blast at a mosque in Sindh province during Friday prayers, killing dozens of people More

Williams Wins Australian Open with Straight-Set Victory over Sharapova

The win is Serena Williams' sixth in Australia, and her 19th overall Grand Slam title More