TWITTER – It was the IPO the most anticipated of the year. Twitter was launched on Thursday, November 7 NYSE index for an initial price of $ 26. And we can say that investors have been waiting for you: for its market entry, Twitter has opened up 80% at $ 46.82 per share. At the close, the stock has recorded a variation of 72.69% and the value now exceeds $ 24 billion. Quite a success.
While it is too early to say that the network will be an economic success, Twitter just to show that its IPO was well negotiated. Launched in May 2012, Facebook can not say the same
Recall that the economic model of Twitter is not yet well defined. Revenues are based on social network advertising, but Twitter is not yet profitable. The group has tripled its losses in the third quarter despite a strong new growth. On the year ending in September, the company saw its net loss widen to $ 64.6 million against $ 21.6 million a year earlier. Moreover, the turnover has more than doubled to $ 168.6 million.
The number of active users per month rose 39% to 231.7 million on average, compared to a figure of 218 million provided on October 3 when the group unveiled its proposed IPO.
Professor Xavier as fairy above the cradle
Sir Patrick Stewart, the actor playing in the series X-Men and Star Trek himself rang the bell on Wall Street. He then explained on the set of CNBC how Twitter has changed his life …
Exchange: Twitter has successfully introduced on the NYSE
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