NEW YORK | By Ana Fuentes | Micro-blogging star Twitter made its debut at NYSE on Thursday, opening at $45.10 a share, well above the $26 set by the firm and its bankers. Indeed, it was a big day for the New York stock, more than for the company itself, since what we saw on the floor was a mere game of offer and demand, nothing to do with the company’s real value. Outside of Wall Street and Silicon Valley, many find it hard to get excited about this IPO.
NEW YORK | By Ana Fuentes | In a less-than-140-characters tweet, Twitter announced its much-anticipated IPO on Thursday. The social network, which has over 200 million users, filed confidential paperwork so nobody really knows its value or how fast it’s really growing. Some analysts put its value at around $10 billion, others up to $16bn. All bets are on.