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1 page/≈275 words
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Style:
APA
Subject:
Literature & Language
Type:
Essay
Language:
English (U.S.)
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Topic:
Twitter's Initial Public Offering (IPO)
Essay Instructions:
Please go online to research, obtain and submit the following information related to the Twitter IPO:
1) Date of the IPO
2) IPO selling price
3) Lead underwriter of the IPO
4) # of IPO shares that were sold.
Essay Sample Content Preview:
Twitter’s IPO
Student’s Name
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Twitter’s IPO
Initial Public Offering (IPO) refers to a flotation which a company offers to the general public in the form of shares for its stock. Most scholars denote it as the first stock sale by a private firm to the public. IPO’S are presented by medium to new firms to gain more funds for expansion. Twitter decided to go public on 7th November 2013 (Dolvin, 2013). Research suggests that Twitter ended its “trading day at $44.94%,” which was an increment of 70 percent. On this particular date, Twitter announced that it had submitted its papers with SEC (Securities and Exchange Commission), thus revealing the annual projection.
The initial IPO price for Twitter was $26 per share, and the idea wa...
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