Tag: markets
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So Much for Science and Rationality
On the opening day (11/7/13) of its IPO, Twitter shares (TWTR) traded up from its offer price of $26/share to $45/share. By contrast, Facebook (FB) opened (5/12/13) at $42/share and promptly began to train downward for many months. Facebook has since then been trading up for several months ($47 today), which is indeed good to […]