The numbers for Thursday, November 7, 2013: Twitter = coal canary?
Nope, we’re not talking about Twitter’s share price debut on the NYSE. That number was Boston Market’s share price back in 1993 when the chicken restaurant chain went public. Just like Twitter, which is currently seeing its share price leap more than 80 percent above its offering price, Boston Market’s stock price soared to an almost-unheard-of 140 percent by the day’s end (!), closing at $48.50. So who’s the big bird now? (Yahoo! Finance)
While we’re on the subject of birds, Thanksgiving is 21 days away (countdowns start early in our office) and if you’re planning on flying, that’s the number of people that will be traveling by air between November 22 and December 3 — about 1.5 percent more than a year ago. So, happy travels! (Bloomberg BusinessWeek)