Twitter closed at $44.90
November 9 , 2013
Twitter (or should we say TWTR) made a strong debut on the Stock exchange and closed at $44.90 per share.
Since, the IPO priced it at $26, the amount is up 73 percent.
The price of the stock, which was compared to the lousy debut that Facebook made about two years ago, remained consistent throughout the trading day.
The closing price of the company valued it at $31B.
"Investors paid a premium for its promises of fast growth," Bloomberg mentioned.