Twitter IPO drop? Depends on how you look at it
People make purchases at the Black Thursday sale at the Toys 'R' Us store in Times Square November 22, 2012 in New York City.The store got a head start on the traditional Black Friday sales by opening their doors at 8pm on Thanksgiving night.
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.