Twitter Shares Go Public

By: Associated Press
By: Associated Press

Analysts say Twitter has been growing, but also caution that buying the stock when emotions are running high is not the best idea. It's better to wait a few days, or weeks, until the stock settles down.

NEW YORK, Ny (AP) --Social media giant Twitter went public on the New York Stock Exchange this morning, and it was a hit, to say the least.

Trading under the ticker symbol "TWTR", the seven-year-old micro-blogging service rocketed out of the IPO gates at $45.10 per share. That's more than 70% over its original offering price of $26.

Analysts say Twitter has been growing, but also caution that buying the stock when emotions are running high is not the best idea. It's better to wait a few days, or weeks, until the stock settles down.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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