| By North America correspondent Michael Vincent, wires Twitter's share price has almost doubled in its first day of trading on the New York Stock Exchange, shooting up more than 90 per cent in early trade, to as high as $US50 ($52.90). The key Twitter founders attended the opening on the New York Stock Exchange, along with Star Trek actor Patrick Stewart and a nine-year-old girl who operates a lemonade stand. At 11:30am local time, the shares were still up 74 per cent at $US45.27 from the initial public offering price of $US26 per share set on Wednesday. Some analysts had cautioned about the fast-changing nature of social media, but the debut led to a stampede for the microblogging site, known for its one-to-many messages of up to 140 characters. Twitter's launch as a publicly listed company is the biggest technology listing since Facebook in 2012. More » |
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