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Nov 07, 2013 07:41
Category: General News
Category: General News
Twitter starts trading today
New York (AP) - Twitter starts trading today on the New York Stock Exchange. Shares in the initial public offering are proced at $26 apiece, which would make the company worth more than $18 billion. This, even though Twitter has never turned a profit in seven years of existance. Revenue has been growing, but the company is also investing heavily in more data centers and hiring more employees.