Thursday, November 7, 2013
Twitter Surges In IPO
Twitter debuted on the NYSE in its IPO this morning, pricing at $26.00 per share, and trading as high as $50 per share this morning under the symbol TWTR. The company priced well above its initial estimated offering range of $17.00 and $20.00 per share. The company is now valued at more than $31 billion, based on its recent trading range.