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Audience of 2.2 billion people. ir will the hopportunity to speak with him. happy birthday. from the moment twitter stock began trading shares were soaring as eager investigators scrambled to get in on the debut. lauren simonetti has more on this story and other top business stories. we are talking about a tweet twitter making his wall straight debut surging 27 percent closing at 44.90 after hitting 50 bucks a share at pricing at 26. if you are worried you missed out on the first day pop? recent history shows you will be able to get in at a much lower price in three months. some social stocks face planting. that includes facebook, link ....
The closing bell. it was trading up $44.90. not bad for a company that is difficult to nometize. country music association awards hosts brad paisley and carrie understood. she changed her clothes about nine times. they took time to make fun of obamacare. check it out. hey, do you have that obamacare? obamacare, what s that? [ laughter ] oh, it s great. it s great. what is it? signing up last thursday and i m almost done. let s go to the web site and get you signed up. okay. let s see. can t be too hard, right? why is it spinning? oh it does that. why is it smoking? i don t maybe we should restart it. ....
Price up by more than 70% at the closing bell. it was trading up $44.90. not bad for a company that is difficult to nometize. country music association awards hosts brad paisley and carrie understood. she changed her clothes about nine times. they took time to make fun of obamacare. check it out. hey, do you have that obamacare? obamacare, what s that? [ laughter ] oh, it s great. it s great. what is it? signing up last thursday and i m almost done. let s go to the web site and get you signed up. okay. let s see. can t be too hard, right? why is it spinning? oh it does that. why is it smoking? i don t maybe we should restart it. ....
Edition of cnn newsroom. ipo price was set at $26 but strong demand from investors saw shares close almost 73% higher at $44.90. alison kosik who was on the floor of the trading floor throughout the day has a recap of all the action. reporter: energy was high. the floor was packed. the blue logo larry bird was everywhere on the platform outside the building. interestingly, twitter did not ring the opening bell. like most ceos and executives do when they their company public. twitter gave that honor to some of its notable users. actor patrick stewart and 9-year-old girl who raised money to end child slavery and a representative from the boston police. the moment of truth, 10:50 a.m. the ticker moved and a big cheer opened the room and opened at ....
Everyone was talking about twitter. is this a good investment? were you surprised by its arc yesterday? it s pretty amazing. this is a 26-dollar ipo that opened at 45.10. it traded above 50, down to 44. anything about 40 feels like hype. it s unprofitable. it has a fifth of the users of facebook. longer term, the idea is they ll have growth and continue to move toward the upside. the sad part is when the retail invests, the regular people like you and i jump in and try and get it and buy it at 49 or 50 and then it closes at 44.90. that s the environment. it s a risky trade. you have to have a tough stomach to get into this kind of stuff. you might want to go with a company that s solid. the analysts are mixed on this. sure. that s what you say. you know where they love it? twitter. they love it on twitter. nicole petallides, thank you for joining us live. have a great weekend. you, too. coming up. do you have a disobedient dog? then you ll want to stick ....