Twitter debuted on Wall Street with a bang Thursday as shares soared amid investor frenzy over the highly-anticipated listing. The shares shot up by more than 90% in early trades to as high as $50.00. The stock closed with a one-day gain of 72.69% at $44.90, from the initial public offering (IPO) price of $26 per share set on Wednesday.
Twitter debuted on Wall Street with a bang Thursday as shares soared amid investor frenzy over the highly-anticipated listing. The shares shot up by more than 90% in early trades to as high as $50.00. The stock closed with a one-day gain of 72.69% at $44.90, from the initial public offering (IPO) price of $26 per share set on Wednesday.