Tagged: twitter stocks

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Twitter stock drops as bidders lose interest

Shares in Twitter fell more than 14% on Monday following reports that all of its rumored potential bidders have lost interest in buying the struggling social media company. The shares, which spiked last month following speculation of a takeover by companies including Google, fell $2.82, or 14%, to $17.03 in early trading after Bloomberg reported that Twitter was unlikely to receive any takeover bids....

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Twitter appears on the NYSE

Today Twitter makes its debut on the New York Stock Exchange (NYSE). In typical Twitter style, the company announced its share price via tweet, ending weeks of speculation about the price point that would be decided upon. Rather than the anticipated $15 to $20, the IPO (Initial Public Offering) of 70 million shares are up for grabs priced at $26 each — effectively valuing...