So Far, So Good for Twitter

November 8, 2013 |  Tagged | Leave a Comment

From a humble beginning as a failing podcast startup to an online conversation service now used by over 230 million people worldwide, Twitter today started..

twitter ceo dick costolo nyse floor twitter ipo. Jay Yarow/Business Insider. Twitter CEO Dick Costolo on the floor of the NYSE. Twitter had a relatively steady first day as a public company. The IPO was priced at $26 a share.

In short order the stock rose to its intraday high of $55.09 before settling into a range modestly above the opening price. By the closing bell shares had given up some ground amid broader market weakness and Twitter finished its first day at $44.90

Anthony Noto, the Goldman Sachs banker who led Twitter's initial public offering, tweeted "Phew!" on Thursday as shares of the micro-blogging service opened at $45.10, up more than 70%, and added to those gains through the afternoon. Noto was relieved 

SAN FRANCISCO — Twitter shares soared Thursday as investors scrambled to get a piece of what they hope will be the next blockbuster social-media company after Facebook. Twitter and its bankers, led by Goldman Sachs' Anthony Noto, priced its IPO at 


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