How 10 Internet Companies Fared on Their First Days of Trading

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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.

More about Ipo, New York Stock Exchange, Business, Twitter, and Chart Of The Day …read more

Via: Mashable: Business

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