Guest Post I would argue that Twitter was not so much “underpriced” in absolute. Rather, it was underpriced for the shape of its share register at the opening bell.
Read this, then skedaddle to your weekend of fun and festivities.
Investors believe that Zulily defied expectations with its initial public offering, which is arguably the most successful exit since Amazon acquired Zappos.
The textbook rental site’s stock fell to $9.82 a share, at the time of publishing, but board member Paul Holland is optimistic that the stock will ultimately go up.
Poshmark finally released its Android app Tuesday opening its already popular iOS marketplace to a huge segment of potential “closet entrepreneurs.”
Thanks a successful IPO opening day, Twitter now has a warchest of $1.8 billion. And according to some analysts, a lot of opportunity to spend it.
The birds were chirping outside the New York Stock Exchange this morning, clearly aware of the second biggest Internet IPO in history. This intrepid reporter ventured downtown to bring you an inside look at the Twitter IPO.
Twitter is now officially trading live on the NYSE — and the value of the company has almost doubled immediately.
Just in September, Twitter acquired the last piece of the puzzle it needed before going public: a digital ad exchange. Twitter bought MoPub for a reported price of $350 million in stock.
“Make it so.”
Security company Barracuda Networks made a cool $75 million today after a fairly quiet initial public offering ahead of Twitter’s much louder IPO event tomorrow.
Twitter has finalized its share price for tomorrow’s initial public offering at $26. This will enable the company to raise close to $2 billion, significantly higher than the $1.4 billion to $1.7 billion that Twitter initially filed for, and this will give Twitter a stock market valuation of about $14 billion.
Tel Aviv-based website builder Wix successfully debuted on the Nasdaq today, raising $127 million by selling 7.7 million shares at $16.50 each, the top end of its intended pricing range. The stock popped briefly above $17.50 before settling back down $16.46.
Twitter’s IPO is tomorrow, and the company could be worth as much as $16 billion, if it prices itself at the top end of its range. Or it could be valued much higher, if the stock pops on opening day.
What’s the value of a tweet? Not nearly as much as 500 million of them a day.
Active investors don’t have a lot of faith in Twitter.
Twitter just got a little more expensive. The company raised its IPO price range to $23 to $25 dollars today, meaning it could be valued up to $13.9 billion by the time this is all over.
Perhaps times are really tough at IBM. Twitter updated its pre-IPO S-1 documentation this morning, revealing that IBM is suing it over three patents.
Chinese travel booking service Qunar went public on the NASDAQ today and its shares nearly doubled during the first day of trading.
Updated 1:05 PM PST with a comment from Twitter
Editor's Pick In its run-up to IPO, Twitter has built ad tools for geotargeting and retargeting as well as ad products for the music industry and the TV industry. It’s built an Ads API for partners, and even bought an ad exchange to broaden access to its massive 500 million tweets per day inventory.
Twitter is planning to sell 70 million shares at $17 to $20 per share in order to raise about $1.4 billion in its coming IPO. The company updated its S1 filing with the SEC today with the new data.
In yet another sign that e-commerce giant Alibaba has its sights fixed firmly on the U.S. market, the company announced this morning that it was establishing an “investment organization” in the United States.
The New York Stock Exchange (NYSE) is preparing its infrastructure for Twitter’s IPO, expecting a rush of interest from investors.
Nimble Storage filed with the Securities and Exchange Commission Friday to raise up to $150 million in an initial public offering.
Rumors of an impending Alibaba initial public offering continue to sweep the Internet, and private company intelligence firm PrivCo just added fuel to the fire by flinging open the doors on its proprietary research on the Chinese company.
Twitter updated its S-1 prospectus today and told the world it will be listing on the New York Stock Exchange, not the NASDAQ. In addition, the company confirmed that it would list under the symbol TWTR.
Twitter has accidentally revealed its IPO date in revisions to its S-1 filing, private company financial data analysts at PrivCo say.
The new features are a coup for Microsoft, which is getting an app for its mobile platform that isn’t a rebrand of another platform’s app but a fully integrated, fully native, and fully optimized app just for Windows Phone.
The daily deals site for moms and kids filed a $100 million initial public offering (IPO) today, the first deals site since Groupon to go public.
“The benefit of being part of LinkedIn is very clear. The benefit of being part of Facebook is very, very clear. The benefit of being on Twitter is … not so obvious.”
Popular web ad-blocking service Adblock made an interesting offer to Twitter this morning: Only sell ads we like, and we won’t block them.
Update: This version of the story corrects an earlier reference to Peter Fenton’s holdings of Twitter shares.
Twitter publicly filed its initial public offering documentation today with the U.S. Securities and Exchange Commission. The short-form social media news company plans to sell 472,613,753 shares and raise at least $1 billion.
Users outside the United States constituted a massive 77 percent of Twitter’s monthly average users, Twitter says in its S-1 filing. However, they provided only 25 percent of Twitters revenue.
After secretly filing to go public last month, Twitter finally released its IPO filing today.
Twitter finally released its S-1 IPO documentation this afternoon and will be seeking to raise $1 billion. The company has not yet set a price for its stock.
Twitter will made its long-anticipated S1 filing public today.
Network security company Barracuda Networks filed to go public today in what will be a $100 million offering.
Web development company Wix filed to go public in the U.S. today. The company, which is based in Israel, gives people to tools to build HTML 5 websites for free.