As expected, Twitter’s stock shot up this morning when it started trading on the New York Stock Exchange. On Wednesday evening, Goldman Sachs, the lead manager of the I.P.O., priced the stock at $26. The first trade in the public market took place at $45.10.
Depending on how the stock trades over the next day or two, I’ll have more to say about what it means for the company, the market at large, and worries that we are witnessing the inflation of a third asset price bubble in fifteen years. But for now, here are some questions that people who are thinking of buying some Twitter stock should ask themselves before piling on:
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Published on November 07, 2013 08:32