ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

Twitter successfully debuts on Wall Street with the uncertainty in the long-term among investors

Share On Facebook
share on Linkedin
Print

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.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com