Business & Tech
Twitter Goes Public This Morning, Are You in?
The social media giant was set to start trading Thursday morning.
As the markets open Thursday morning, Twitter is now a publicly traded company.
Twitter was expected to go public with shares priced at $26. At that price, the value of the company is reported to be in the $18.24 billion range. However, the AP reported late Thursday morning that Twitter stock opened at $45.10 on the New York Stock Exchange amid strong demand.
Twitter Inc. originally planned to price shares between $17 and $20 for its IPO, according to Boston.com. The company raised the range on Monday to $23-$25 per share.
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Twitter was set to begin trading Thursday morning as the market opened at 9:30 a.m. under the symbol “TWTR.”
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You can watch live updates on the stock’s opening day performance on the Wall Street Journal’s MarketWatch page.
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