News Byte

Twitter Stock Has a Very Merry Christmas

Shares of Twitter jumped another 2.5 percent upon opening on Thursday morning, trading at $71.65 per share — yet another all-time high for the newly public company. In a little over a month of its trading on the New York Stock Exchange, the stock has soared to gains of more than 200 percent of its debut price of $26 per share.

News Byte

Twitter Shares Hit Record High

Shares of Twitter climbed to $52.58 on Tuesday afternoon, an all-time high for the newly public microblogging network, which debuted on the New York Stock Exchange last month. The rally comes shortly after the company introduced a new retargeted advertising product, which may have boosted investor confidence in Twitter’s monetization prospects.

Twitter Shares Down on Second Day Opening

A four percent drop on day two.
TwitterIPO

News Byte

Twitter Raises Share-Price Range Ahead of IPO

Twitter on Monday raised the price range for its shares in the days before its initial public offering, placing the range at $23 to $25 per share. With the new range — which was upped from its previous spread of $17 to $20 per share — the company could raise up to $1.75 billion in its public market debut.

Dick Costolo Makes $14,000 a Year in Take-Home Pay

(And another $11 million-plus in stock awards.)
aFinal_DickCostolo_Pic2010

News Byte

Facebook Closes Above $38

For the first time since Facebook debuted on the Nasdaq last year, its shares closed above its IPO price, finishing at $38.05 on Friday. The company has traded far beneath that number since Day One, but recently rallied on the strength of a solid earnings report and particularly impressive gains in mobile advertising.

Voices

Dell’s Cash Overseas Is Needed at Home

Advisers working on Dell Inc.’s $24.4 billion buyout are trying to solve a problem: how to use the computer maker’s foreign cash without paying a $2.6 billion U.S. tax bill.

News Byte

LinkedIn Shares Reach Record High

Not two days after Kara Swisher reported that LinkedIn would soon acquire the Pulse news reader app for more than $50 million, shares of LinkedIn were trading at a record high on Wednesday morning, reaching $181.47 at their peak before settling back down around $179, a gain of about 2 percent for the day. The company also reported record earnings last quarter, outperforming analysts’ expectations.

New Year, Same Rating: J.P. Morgan Still Bullish on Facebook

Should old acquaintance be forgot, and never brought to mind?

News Byte

Facebook COO Sandberg Sells $26 Million in Shares

Sheryl Sandberg, chief operating officer of Facebook, sold nearly 1 million shares of company stock on Friday, according to an SEC filing. The sale comes after a strong November on the Nasdaq for Facebook shares, as the stock price rose nearly 40 percent over the past 30 days. Sandberg netted close to $26.2 million from the sale, though she still retains close to 20 million shares of company stock.

Facebook Stock Jumps, But Here Comes a Mountain of Lockup Shares

Did Google’s Earnings Gaffe Spook the Street on Tech Stocks?

The ZuckerBump: Facebook Shares Climb After Founder Takes the Stage

What Mark Zuckerberg Needs to Address in His First Post-IPO Appearance

How Low Can You Go? Facebook Shares Dip Under $20.

On Day Two, Facebook Shares Open More Than 10 Percent Off