Twitter IPO: First Trade at $45.10 as it Happened
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.
