Twitter lands on the New York Stock Exchange and immediately records a rise of 73,85% to $45,10 per share. It is a much higher figure than the placement price set yesterday in the late American evening at 26 dollars per share, above the range indicated by the company on Monday, equal to 23-25 dollars. Prior to the start of trading, with the symbol “TWTR”, Twitter stock was seen opening at around $45-47.
The IPO pricing values the company at between $14,4 billion and about $18 billion, in what is the largest IPO since Facebook in May 2012. Twitter's listing comes at a positive time for stock markets: the S&P 500 has grown in 16 of the last 21 sessions, it has gained 8% in the last two months and has grown 24% since the beginning of 2013.
The microblogging site's stock is currently up 92,31% to $50 a share.
