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All Posts Tagged Tag: ‘NYSE’

Twitter Closes First Day at NYSE at $44.90 a Share

Twitter Inc., the company known for the micro-blogging/social networking free service Twitter (i.e. a 140 character per-status update (“tweet”) feed in which users can follow, send, and read) began trading on the New York Stock Exchange (NYSE) at 9:30 AM on Wednesday. Shares rose as high as $50.09. This means that Twitter Inc. (TWTR) is now a public company, and …

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Actor Patrick Stewart Rings In Twitter IPO

Actor Patrick Stewart joined Twitter Chief Executive Dick Costolo and founder Jack Dorsey at the New York Stock Exchange this morning, to ring in the social media platform’s IPO. Twitter announced yesterday via tweet that the price per share of its initial public offering had been set at $26, with an $18 billion valuation. The shares had been priced above …

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Twitter IPO: $26 Per Share

Twitter just announced via tweet that the price per share of its initial public offering has been set at $26, with an $18 billion valuation. The shares, which have been priced above a previous range of $23 and $25, will be available on the New York Stock Exchange Thursday morning. The $26 IPO was debated by Twitter’s board of executives …

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Twitter Will Officially Trade As ‘TWTR’ On NYSE

Well, it’s official. Twitter will be traded on the New York Stock Exchange under the ticker symbol “TWTR”. Twitter expressed its intent to list under TWTR, but on Tuesday, the company filed new SEC documentation affirming it. Twitter says in the filing: Oxley Act, and the listing standards of the New York Stock Exchange. We expect that the requirements of …

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Twitter Is Reportedly Going With NYSE For IPO

When Twitter goes public, it will be listed on the New York Stock Exchange. That’s the word from The Street, which cites sources close to the situation. Twitter peer/rival Facebook listed on the NASDAQ, home of Google, Apple, Microsoft and Amazon, to name a few of the industry giants. Twitter, however, will be joining the likes of LinkedIn, Pandora and …

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Stock Markets Closed With Hurricane Sandy (Frankenstorm) Closing In

As previously reported, major stock trading has halted today thanks to Hurricane Sandy (aka: Frankenstorm). Fears related to the storm have shut down the New York Stock Exchange (NYSE) and NASDAQ. Both announced that they would be closed today, and may also be closed on Tuesday. Google has put out a pair of Hurricane Sandy-related maps, including this New York-specific …

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SEC Investigates Nasdaq and NYSE After Facebook IPO Breakdown

The Securities and Exchange Commission (SEC) isn’t buying that Nasdaq’s much publicized computer glitch on the opening day of Facebook’s IPO was the root cause for all the confusion. In fact, they have seen a couple other cases of so called, trading communication breakdowns coming from the NYSE, and now they want answers. According to Nasdaq, they rewrote some computer …

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Facebook Might Switch to NYSE after Nasdaq Failure

Facebook stock closed at $31.99 per share yesterday, and some speculate that there truly is no limit on how low it can go. One of several factors that might’ve contributed to the sensational IPO’s less than stellar performance was an alleged technical problem at NASDAQ early on, which has prompted some investors to sue, and likewise drew the attention of …

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Coca-Cola In Talks To Buy Monster Beverage Corp

It was reported today by the Wall Street Journal that Coca-Cola is considering buying energy drink maker Monster Beverage Corp. On news that Coca-Cola was looking into the acquisition, Monster’s stock went up 11% pushing Monster’s market value to $11 billion. If Coca-Cola pulled this off it would be the largest ever acquisition for the world largest beverage maker. When …

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Facebook IPO: What Will Change?

Facebook is being valued between $75 billion and $100 billion and is planning to go public sometime in the next six months. In 2011 Facebook’s revenue grew to $3.8 billion. That means between 2009 and 2011 they grew 127% per year. Their IPO is much anticipated but there are some who believe that this will have very little impact on …

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Battle For Facebook Listing: NASDAQ or NYSE ?

No doubt the Initial Public Offering of Facebook stock is the most anticipated since Google went public. With equity-trading volume’s down for both platforms, the NASDAQ and the NYSE are in a battle to win the listing. Securing Facebook could have a synergistic effect for the winner platform however it is doubtful that it will significantly change listing revenues at …

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