Tech Takeover: How Social Media Fares on Wall Street
It looks like Facebook may have some competition. Since it was made public on Nov. 6, Twitter rose 73 percent, and hit over $50 within the first 10 minutes of availability, but declined into the forty dollar range. In total, it raked in $1.8 billion at a valuation of $14.2 billion. By Friday, Nov. 8, Twitter shares opened at $40 and rose to $44.90 by closing.