Twitter made its debut on the New York Stock Exchange Thursday morning at $45.10 per share, about 73% more than the $26 IPO price
Reuters is reporting that demand for Twitter shares is huge. The wire service cites unnamed sources saying Twitter is “30 times subscribed,” meaning investors are asking for 30 times the amount of stock being offered.
The downside of the huge demand is the belief that Twitter may have left money on the table. In other words, the company could have priced its IPO higher or offered more shares to raise more money Read more…
More about Twitter, Stocks, Business, and Twitter Ipo
Read more : Twitter Opens at $45.10, Up 73% From IPO Price
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.