twitter disclosed its plans to go public
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

US technology to test the waters on Wall Street

Twitter disclosed its plans to go public

Egypt Today, egypt today

Egypt Today, egypt today Twitter disclosed its plans to go public

Twitter's brand marks are seen as of the speakers during their press conference in Sao Paulo
Sao Paulo - Arab Today

Twitter's brand marks are seen as of the speakers during their press conference in Sao Paulo Twitter, which on Thursday disclosed its plans to go public, is the latest US technology company to test the waters on Wall Street. Here is a look at the fortunes of some other notable tech companies which have conducted initial public offerings over the past two years:
FACEBOOK
The social network started by Mark Zuckerberg, which now has more than 1.1 billion users around the globe, had a rocky debut after it went public at $38 a share in May 2012 with a valuation of $16 billion.
Facebook shares fell below $20 over the past year and only climbed back over their offer price in July. Facebook shares closed at $49.18 on Thursday, boosted recently by reports that mobile advertising revenue is on the rise.
LINKEDIN
The social network for professionals and job-hunters, LinkedIn has been one of the biggest stars of the technology sector since turning to Wall Street in May 2011.
Shares of LinkedIn more than doubled from their offer price of $45 on the first day of trading. LinkedIn, launched in 2003, closed at $245.07 on Thursday.
GROUPON
Online daily deals sensation Groupon went public in November 2011, raising $700 million in what at the time was the biggest initial public offering by an Internet company since Google.
But the Chicago-based company, which was listed on the Nasdaq at $20, has struggled since then and its share price closed at $11.30 on Thursday. Founder Andrew Mason was fired as chief executive of the company in February amid sluggish growth.
YELP
Shares of restaurant and business review website Yelp have soared since the San Francisco-based company went public in March 2012 with a $15 initial public offering price.
Yelp shares closed at $71.02 on the New York Stock Exchange on Thursday. Yelp, founded in 2004, offers user-generated reviews of service businesses by city across the United States, Canada and western Europe.
PANDORA
Internet radio Pandora made its Wall Street debut in June 2011, raising $235 million with stock priced at $16 a share.
Pandora, which creates personalized radio stations for users based upon their favorite artists or songs, traded below its offer price until recently but closed at $26.44 on Thursday.
ZYNGA
Online gamemaker Zynga was valued at $7 billion when it made its play on the stock market in December 2011.
But the company behind Facebook games such as FarmVille and Mafia Wars has been on a losing streak since then. Zynga shares, which were offered at $10, closed at $3.67 on Thursday.
Source: AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

twitter disclosed its plans to go public twitter disclosed its plans to go public



GMT 14:11 2017 Monday ,24 April

BMW reveals i8 Protonic special edition

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 12:55 2012 Tuesday ,20 March

Nominees for the Royal TV society programme

GMT 06:23 2012 Sunday ,18 March

Gol TV wants to offer cheap football

GMT 10:08 2012 Sunday ,08 July

I want to be a role model

GMT 11:23 2012 Thursday ,29 March

BalletBoyz the Talent mixed programme of 3 works

GMT 19:59 2011 Sunday ,16 October

Newlyweds Mike and Zara use package deal honeymoon

GMT 17:14 2014 Tuesday ,06 May

Colorful chic outdoor furniture

GMT 05:01 2012 Sunday ,15 April

Sky Germany takes TV everywhere with KIT digital

GMT 11:28 2018 Wednesday ,03 January

Saudi minister 'resumes work' after graft detention
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday