Nov 07
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:
- $2.6 billion Twitter co-founder Evan Williams
- $1.4 billion Twitter board director Peter Fenton
- $1.1 billion Twitter co-founder Jack Dorsey
- $346 million twitter CEO Dick Costolo
Via: cnn