Twitter and Beyond: IPO Fever

Interest is growing in Twitter`s initial public stock price offering, and so is the price of its share. Today, Twitter boosted the range of its IPO price to between $23 to $25, up from a previous plan to offer 70 million shares from between $17 to $20 apiece.

A new A.P./CNBC poll found that nearly half of potential investors fear that Twitter will be a bad investment, while only 36 percent think it will be a good investment, and only 35 percent of investors think Twitter will be successful five years from now.

Jon Fortt reports on the IPO fever and to explain IPO basics and more is Jay Ritter, Cordell professor of finance at the University of Florida.

This entry was posted in NBR Show Clips, Technology, Wall Street. Bookmark the permalink.

Leave a Reply