Twitter’s shares debuted today at the 10:49 EM on the New York Stock Exchange and the first trade came in at $45.10 a stock. Stocks jumped to $50.09 and then drop to $45.80. More than 74 million stocks exchanged hands by midday and at price near $46 a stock, Twitter is worth approx. $25 billion. At $45.10 a share, Twitter’s insiders are worth: Continue reading »

tags: IPO, Twitter, Wall Street

Precedo Capital Group Inc. and Continental Advisors SA are suing Twitter over failed private sale of Twitter’s shares in 2012 to set $10 billion valuation for itself and better price for initial public offering. Both firms claim that Twitter Continue reading »

tags: Continental Advisors SA, IPO, Precedo Capital Group Inc., Twiiter