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CNN EarlyStart November 8, 2013 10:50:00 - Vimarsana News

CNN EarlyStart November 8, 2013 10:50:00

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 tiffany's and delta it's valid at more than that. even more than netflix. that is an outstanding number. this in all r...

Detailed text transcripts for TV channel - FOXNEWS - 20131108:13:49:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131108:13:49:00

Everyone was talking about twitter. is this a good investment? were you surprised by its arc yesterday? >> it's 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. it's unprofitable. it has a fifth of the users of facebook. longer term, the idea is they'll 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 49 or 50 and then it closes at 44.90. that's the environment. it's a risky trade. you have to have...

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Detailed text transcripts for TV channel - MSNBC - 20131107:17:41:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131107:17:41:00

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. it's the institutional investors who got to buy at $26 and opened at $45.10 and that's right around where it's trading now. >> steve kornacki are you bog to be buying stocks? >> i have a long-standing policy. i do not believe in buying stocks, savings accounts and super bowl bets, those are my -- that's my investing strategy. i hav...

Detailed text transcripts for TV channel - MSNBC - 20131107:19:19:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131107:19:19:00

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 it's never turned a profit in its seven years of existence. here's twitter's ceo on that. >> there's nothing structural about twitter that prevents us from having the kinds of margin profiles of our peer group. we are investing for the long term. we think this is a long-term co...

Detailed text transcripts for TV channel - FOXNEWS - 20131107:17:25:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131107:17:25:00

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 twitter's 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 valued at $30 billion the question is whether the stock is going up too fast? analysts are saying twitt...