Twitter Opens For Trading at $45.10, Closes The Day At $44.90
Jay Yarow/Business Insider
Twitter CEO Dick Costolo on the floor of the NYSE.
The IPO was priced at $26 a share. The opening trade was at $45.10.
That price took a little longer than expected for the NYSE. Trading opened at 10:49. People were expecting to start at 10 AM.
The extra time was spent getting the price just right, and it worked. The stock briefly hit $50 during the day, then settled in at ~$46. At the end of the day it lost some steam and closed at $44.9o. Not too bad!
8:59 AM Traders getting ready on the floor of the NYSE.
9:01 AM Twitter executives will ring the opening bell here.
9:03 AM Here's the scene outside the NYSE. Nice banner!
9:05 AM Trading terminals getting ready to trade TWTR.
9:18 AM Here's CNBC's Jim Cramer on set at the NYSE.
9:23 AM Twitter co-founder Jack Dorsey.
9:24 AM Twitter CEO Dick Costolo meeting and greeting people.
9:27 AM 3 minutes until the opening bell!
9:30 AM Surprise! Patrick Stewart is ringing the opening bell for Twitter.
9:31 AM Markets are open! Twitter will begin trading in an hour or two.
9:36 AM Here's another look at the opening bell ringers.
9:40 AM Media surrounds Twitter's co-founders.
9:48 AM Twitter indicated to open at $40-$44.
Read more: http://www.businessinsider.com/twitter-ipo-live-2013-11#ixzz2k1JZy6NZ
