Posted 11/07/2013 at 5:45 PM
Posted 4 years ago
Twitter is used by over 230 million people worldwide.
Twitter is a major player today as it starts its first day on the stock exchange. $TWTR, as the online conversation giant is known on the NYSE (New York Stock Exchange) saw their stock open with $45.10; that’s a pop of 73.5% percent on the $26 dollars it was yesterday. Based on 705,098,594 fully diluted shares, the pop values Twitter at $31.8 billion dollars.
There is fierce trading and raised shouting voices on the NYSE as, at the time of this post, the stock is now about 47% percent — even getting to %50 percent and above!
Twitter executives and directors in the company’s highest echelon stand to make $3.24 billion dollars judging by the $26 dollars per share.
The market continues to attract like a magnet to a nail to Twitter.
The tweeting service is flying like a happy Tweety Bird.