Twitter Shares Soar in Trading Debut.
Newstovote - Twitter has officially floor at the New York Stock Exchange, the United States with the stock code TWTR. Debut 140-character microblogging site shares slid sweet on his first trade.
Here are 5 things to know related Twitter IPO USAToday quoted as saying on Friday, November 8, 2013.
First, Twitter IPO pricing at $ 26 per share from previous forecast range of U.S. $ 23-25 per share. With a stock price of U.S. $ 26 per share values the company at U.S. $ 18.34 billion. That exceeds the amount that Macy had a market capitalization of U.S. $ 17 billion and Bed Bath & Beyond market capitalization of U.S. $ 16 billion. According to Dealogic, brokerage services, Twitter IPO is the second largest IPO in internet -based companies in the United States, following the step up. Twitter IPO is also the third largest company in the United States this year.
Second, the existence of a busy debut. Such as occurs in IPO firms with high profits, Twitter also has a lot of activity on the first day of stock market entry. " We saw a very large trading volumes, " said Bruno del Ama, CEO of Global X Funds are expecting an increase in the stock price at the close of the market on Twitter. After creating a significant surge in early trade , estimated to Twitter share price will fall back down. " Within a few days after the IPO, the share price started going down a bit, " said del Ama.
Thirdly, became the world's newest billionaire. Founder and largest shareholder Twitter, Evan Williams, a man who most benefited from the IPO Twitter. He expects to make a profit of U.S. $ 1 billion. If the stock price could rise two -fold, co- founder of Twitter and CEO of Square, Jack Dorsey, will join Williams in the billionaire club. On March 21, 2006, Dorsey has posted his first tweet in the world with the phrase " Just setting up my twitter. "
Fourth, how to prepare the New York Stock Exchange, the United States welcomed the Twitter IPO ? Earlier there were fears influx of Twitter shares would cause technical problems such as Facebook experienced when joining Nasdaq last spring. However, after a successful trial, the New York Stock Exchange seems confident that it can handle a very large volume of trade. " We are planning to prepare for IPO Twitter and collaboration with industry which has world -class experience to provide assurance to retail investors and all market participants, " said Marissa Arnold, a spokesman for the New York Stock Exchange.
Fifth, the stock should have Twitter ? There are several common ways for investors to get shares of Twitter, for example, working with a brokerage firm to buy through mutual funds. Matt Krantz of USAToday explained, if we do not know how to buy IPO shares on Twitter, do not try. If you are accustomed to invest on a regular basis, you may be put off to buy. Krantz writes, " If it's big, rich investors will not directly act on the surge in stocks, you should be asking why ?
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