On the company’s first day on the New York Stock Exchange, Twitter closed at $ 44.90 per share, up almost 73% from its opening price of $ 26 per share
The day’s gains may sound impressive, but it hardly compares to eBay‘s 163% growth (Nasdaq) and Yahoo‘s 153% growth (Nasdaq) during their first days on the market
However, not all companies perform well on their first days. Facebook finished up just 0.6% on its first day on Nasdaq, and Zynga finished down 5% on its first day on Nasdaq.
Statista‘s chart shows how the stocks of 10 Internet companies faired on their first days trading on the stock market. Read more…
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