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.

Twitter Shares Down on Second Day Opening

A four percent drop on day two.
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At Twitter HQ on IPO Day, Business Almost as Usual

#RingRing
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Earnings and Revenue Down — Yahoo Delivers on Expected Lackluster Third Quarter

No surprise, which should not be a surprise.
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Voices

U.S. Rethinks How to Release Sensitive Economic Data

Federal officials are discussing changes to how the government releases sensitive economic data, seeking to bring the system in line with fast-moving financial markets.

News Byte

Trading Platform Quantopian Raises $6.7 Million

Quantopian, a browser-based trading platform for quantitative analysts, announced on Wednesday that it raised $6.7 million in a series A financing round. Khosla Ventures and existing investor Spark Capital participated in the round, bringing the total amount of funds raised to $8.8 million.

Web Marketplace Listia Raises $9 Million

A fresh capital injection for the online trading startup.
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News Byte

Facebook Shares Hit Record High

Shares of Facebook were trading at $45.05 on Wednesday morning, an all-time-high share price for the company’s stock since it debuted on the Nasdaq exchange nearly a year and a half ago. The stock is up nearly 70 percent over the past two months, rallying on the strength of the company’s last earnings report which included strong mobile advertising numbers.

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Trading Halted in Nasdaq Securities

The outage — due to an unexplained technical issue — saw a large chunk of the U.S. stock market effectively come to a standstill at midday, freezing prices in stocks, exchange-traded funds and options listed on Nasdaq and prompting other trading venues to stop trading those securities.

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.