shares

News Byte

Twitter Stock Has a Very Merry Christmas

Mike Isaac in Social on December 26, 2013 at 6:45 am PT

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

Mike Isaac in Social on December 10, 2013 at 10:28 am PT

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.

News Byte

Twitter Raises Share-Price Range Ahead of IPO

Mike Isaac in Social on November 4, 2013 at 6:14 am PT

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.

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Facebook Closes Above $38

Mike Isaac in Social on August 2, 2013 at 2:21 pm PT

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.

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LinkedIn Shares Reach Record High

Mike Isaac in Social on March 13, 2013 at 1:41 pm PT

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.

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Facebook COO Sandberg Sells $26 Million in Shares

Mike Isaac in Social on December 8, 2012 at 9:50 am PT

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.