Thursday, November 7, 2013

Will You Buy Twitter IPO shares?

New York Stock Exchange welcomes Twitter on Thursday November 7, 2013. They will have the symbol TWTR and their share is priced at $26 each to raise around $2.1 billion.

Twitter is part of our everyday life for most of us and it has a lot of media attention which is why there is a great demand for its shares. However, be very cautious remember Facebook? a lot of people were burned by it. The best thing to do is wait. There's no guarantee the stock will trade higher, and if you would look at several recent social media IPOs, the stocks actually dropped like facebook.

1 comment:

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