If Twitter’s bankers and executives were hoping for a surge on the day of the stock’s public debut, they got it. The stock opened at $45.10 a share on its first day of trading, 73 percent above its initial offering price.
The biggest question surrounding the news that Twitter has filed for an initial public offering may be will the stock sell for less than $140. All kidding aside,Twitter’s IPO will be the most anticipated technology IPO since Facebook went public.
Seaworld Entertainment, Inc. is used to having big splashes made at its park on a daily basis. But the company made a huge splash Friday when it made a splash during its first day of trading on the New York Stock Exchange.
Office Depot Inc. (ODP) said Wednesday it agreed to buy OfficeMax (OMX) in an all-stock deal that would transform the $21 billion office supply retail sector.
It’s been nearly six years since the Dow Jones Industrial Average closed above 14,000 points in July 2007. As the Grateful Dead would sang, “what a long strange trip it’s been.”
Miami-based Norwegian Cruise Line, the third largest ocean going cruise line, announced plans Tuesday to go public.
If you’re a fan of The Whopper, you can now own a piece of the company that makes then. Miami’s home-town fast food company, Burger King, is once again being traded on the New York Stick Exchange after years of being privately held.
It is enough to make anyone more than just a little nervous, Wall Street’s wild mood swings up and down.
The closing bell may have reverberated throughout Wall Street and among financial analysts, but not so much among many Americans on the street.
We all have money fears, but research shows that women lag behind men when it comes to investing.