Showing posts with label twitter ipo. Show all posts
Showing posts with label twitter ipo. Show all posts

Thursday, November 7, 2013

Twitter: So Far, So Good for Twitter



Traders on the floor of the New York Stock Exchange called out orders for shares of Twitter for the first time Thursday morning as one of Wall Street’s traditional rituals thrust the young company into the public markets.
On its inaugural day of trading, Twitter managed to avoid the missteps that marred Facebook’s initial public offering last year, though Twitter’s lofty stock market valuation added pressure on the company to turn a profit soon.