Operationally, I'm sure the company is going to have a bang-up year next year.
But in terms of the stock, I think Twitter's much likelier to see a stock price with a 3 in front of it rather than a 5.
Thursday's initial public offering was tremendous. After initially discussing pricing in the teens a few weeks ago, with every tech blog on the planet complaining about low user numbers and decelerating revenue growth, the stock prices at $26 and opens at $45.
Unbelievable.Good for the company. I'm happy for them, the New York Stock Exchange, and Goldman Sachs (GS) including Anthony Noto. They completed a near-perfect IPO. They showed Facebook (FB) how it should be done by following the LinkedIn (LNKD) playbook almost to a "T."
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