All eyes of global investors in the stock market were on the debut of Twitter on Wall Street, under the symbol NYSE: TWTR and an initial price per share of USD $26.
About 11:00 am ET, the price per share amounted to USD $ 45.10, representing an increase of nearly 72.16 % to 2.200 transactions per minute. At the end of the first day of the company on Wall Street , there was a movement of more than 79 million shares traded, which made TWTR as the most active NYSE stock (Facebook is the most active stock on the Nasdaq, with 63 million of shares traded).
Microblogging network founded by Jack Dorsay, aroused considerable interest in the financial world, because no one knew with certainty the reaction of investors against an IPO debut of a big social network, like Facebook, which does not has had a great performance on the stock exchange in New York (NASDAQ).
The first day of trading of these actions persuaded the company’s value to rise to USD $ 24,460 million, which has been much optimism among investors, because today’s session closed at $ 44.9 per share, reaching during the day a maximum price of USD $50.09. But this optimism could be a “double edged sword”. Buying Twitter’s shares at current prices is too expensive and risky to buy at these levels, because many of the estimates of financial analysts around the world, did not reach this figure.
Many investors speculated shopped and the price of these shares in the very short term. For now , the behavior of the price of shares of Twitter will depend a lot of the projects to be undertaken by the company in the future, but keep in mind that in the last quarter, Twitter Inc lost USD $65 million, which increases the doubt regarding the profitability of the company in the medium and long term. Another important factor to consider when investing in Twitter, is that this social network is not as widely used as the company that created the young billionaire Mark Zuckerberg (Facebook).
Twitter has over 230 million users globally, with a popular use among celebrities and world political figures.