Twitter goes public, Sir Patrick Stewart rings NYSE bell | EW.com

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Twitter goes public, Sir Patrick Stewart rings NYSE bell

Twitter

So those tweets about what you had for dinner, that movie you hated, and how much you like pumpkin spice lattes are actually worth something!

Twitter went public this morning at the New York Stock Exchange, debuting at $45.10 a share, valuing the social media platform at upwards of $30 billion. Stock symbol? TWTR. Hashtag? #$$$$

Their selling price of $45.10 is 73% higher than their initial public offering of $26 (which they announced, via tweet on Wednesday). The 7-year-old company, which has failed to deliver profits, was one of the most anticipated public debuts this year. Twitter initially had their IPO at $17 - $20 before raising it to $23 - $25 on Monday.

The Wall Street Journal reports that Twitter’s debut is the biggest U.S. technology IPO since Facebook’s IPO of $38 a share in 2012.

Ringing the NYSE bell were some special folks on hand – namely Twitter users – actor Sir Patrick Stewart, nine-year-old Vivienne Harr (who sold lemonade to end child slavery), and the Boston Police department’s Bureau Chief of Public Information Cheryl Fiandaca.

https://twitter.com/NYSEEuronext/status/398456724991922176

Stewart, who has over 700,000 followers, tweeted his excitement at being included in the event:

https://twitter.com/SirPatStew/status/398458893892067328

Twitter co-founder Jack Dorsey tweeted from the trading floor scene:

https://twitter.com/jack/status/398477578136461312

Another celebrity tweeted this inquiry last week: (Something a lot of savvy-minded Twitter users may be wondering as well):

https://twitter.com/BetteMidler/status/394937467478233088

And wait for it …

https://twitter.com/rainnwilson/status/398478350097731584

It’s about time someone cashed in on the 140-character joke.

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