Twitter IPO drop? Depends on how you look at it
This final note today is about a company you may have heard a little about recently.
Twitter priced its shares at $26 — last night.
The market, this morning, decided they were worth way more than that: The first trade was at $46.
The closing price $44.90.
So, if you think about it, the biggest IPO of the year actually lost ground on its first day of trading.
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