...and That's a New Low for Twitter
Twitter's new/old CEO is also CEO of Square, so hold back the tears.
It was November 2013 and most of America was so jealous because they didn’t have $26 to buy a single share in that infernal blue bird taking up all of our free time.
Twitter announced its IPO and shares skyrocketed to nearly 73 percent above their offering price after the NYSE opening bell. That was all on the first day Twitter appeared on the New York Stock Exchange, and when it was valued at $37 billion.
Less than two years later, a few media folks are looking to tweet the tech giant’s swan song as stocks plummeted five percent in one day, closing very close to the company’s announcement price in 2013.
Twitter shares are now worth $29.25
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