As data continues creeping into the sports world—more general managers these days have Harvard MBAs instead of experience on the playing field—making decisions based on stats is becoming commonplace.
So much for a smooth flight: Twitter’s public debut hit some turbulence on day two. The much-hyped Wall Street offering started Thursday, after Twitter lined up investors to sell 70 million shares at $26 a piece. Shares jumped in the opening minutes of trading to as high as $50, but that was as good as it gets.
Most investors aren’t getting the early-bird special on Twitter shares. In fact, Twitter stock will cost $26, the final price just set by the company, for banking insiders with early access.
Criteo’s ambitious stock offering followed the successful ad tech path already blazed by Rocketfuel last month.
Twitter could be worth $48 a share, more than double what the company is likely to sell its stock for when it hits Wall Street in November, according to a new report.
$1,000. Google’s stock price hit its all-time high today, making the rich founders even wealthier. Co-founders Larry Page and Sergey Brin each saw their fortunes rise more than $250 million today as shares topped the four-figure threshold.
Google CEO Larry Page signaled to Wall Street today that he no longer wants to handle routine quarterly calls.
Twitter revealed late Thursday afternoon that its much-anticipated initial public offering has been set in motion. The San Francisco-based tech giant announced the move with—what else?—a tweet.
Facebook's shareholders got some welcome news today: the tech giant's share price came just short of its IPO opening value.