Twitter Opens Above IPO Price
Twitter Inc. opened at $26.27 Tuesday, above its initial public offering price of $26. Shares of Twitter were up 2% in early market trade. Twitter fell below its IPO price for the first time Aug. 20 and opened below its IPO price Aug. 21 and on Monday, when the stock plummeted 17%. Shares of Twitter have fallen 3% in the past week compared to the S&P 500's loss of 2%.
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