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November 8, 2013
Twitter says they have 230 million users. they were priced at 26 bucks a share but then when the stock opened around 10:45 yesterday morning it skyrocketed to $45.10 a share. at one point in the trading day, it hit more than 50 bucks a share. then it came down at the end of the day and closed just under $45. but this is what really amazes me. that valuation at $45 it values twitter at $25 billion! that is more than a lot of established companies like hershey and like alcoa and tiffanys and delta...
November 8, 2013
Everyone was talking about twitter. is this a good investment? were you surprised by its arc yesterday? >> its pretty amazing. this is a 26-dollar ipo that opened at 45.10. it traded above 50, down to 44. anything about 40 feels like hype. its unprofitable. it has a fifth of the users of facebook. longer term, the idea is theyll have growth and continue to move toward the upside. the sad part is when the retail invests, the regular people like you and i jump in and try and get it and buy it at 4...
November 7, 2013
Filing made a point of saying that the four more years tweet from the obama campaign last year, the picture of the president and first lady embracing was the most tweeted tweet ever on twitter. it is also interesting today to look at who is profiting off of twitter. its the institutional investors who got to buy at $26 and opened at $45.10 and thats right around where its trading now. >> steve kornacki are you bog to be buying stocks? >> i have a long-standing policy. i do not believe in buying ...
November 7, 2013
A share after opening this morning at $45.10. the opening price was already 73% above the initial public offering price set last night at $26 a share. this morning twitter executives rang the opening bell at the new york stock exchange. investors are betting that twitter is destined to become wildly profitable, although its never turned a profit in its seven years of existence. heres twitters ceo on that. >> theres nothing structural about twitter that prevents us from having the kinds of margin...
November 7, 2013
Share. it is up 75% right now, raking in the dough all in 140 characters or less. jo ling kent with the fox business network is here with more. jo? >> unlike facebook twitters ipo went off it without a hitch. so there was good news there this morning. stock opened at $45.10 a share, up 76 percent from the 26-dollar ipo price of the compare that with average one day pop for u.s. tech listed ipos which is 35%. still not bad, that is according to dealogic. at 45 bucks a share, twitter would be valu...
November 7, 2013
And a lot of excitement and it didnt do nearly as well as people anticipated, but what we learned is the twitter people have looked at facebook, what went wrong and making sure that didnt happen. so social media has spoken very positive and now we get to see what the stock market says. we just this second heard this opened at $45.10. >> chris christie wins second term as new jersey governor and raises potential of 2016 presidential candidate. hes trending up, but what else? >> when we dig deeper...
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