TechHive: Twitter’s IPO goes smoothly, still means little to normal people

TechHive TechHive helps you find your tech sweet spot. We guide you to products you'll love and show you how to get the most out of them.

Easy Facebook Retargeting Bring back lost customers with the #1 Facebook Retargeting platform. Customers get $12 in sales for every $1 they spend. Start a 2-week complimentary trial today. From our sponsors

Twitter's IPO goes smoothly, still means little to normal people Nov 7th 2013, 16:53, by Caitlin McGarry Wall Street investors and Twitter employees were up early Thursday morning to breathlessly count the minutes—and the pennies—until the stock market opened in New York and Twitter's share price would be decided. Twitter avoided the IPO catastrophe that befell rival Facebook last year and smoothly debuted on the New York Stock Exchange at $45.10 a share. That's much higher than the $26 Twitter had set for each of the 70 million shares the network is initially offering. At that price, Twitter is worth about $31 billion. Twitter's early investors are now rolling around in their piles of cash on the floor of the stock exchange. (That's how IPOs work, right?) In a throwback to the first tweets, cofounder Jack Dorsey Vined the first moments of Twitter as a publicly traded company: To read this article in full or to leave a comment, please click here Media files: twitter_primary-100056786-small.jpg

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

• Tweet
• Share
• Share
• Share
• Share

Sign up here with your email