Tuesday, October 29, 2013

Twitter Constructs Glitch Free IPO on NYSE

As one of the most progressive collaborative activities Twitter organized a mock period of share trading on the weekend of October 26, 2013.  The NYSE conducted a full run with agents from registered firms simulating buying and selling.  A test run to observe the flow of Twitter share trading.

Twitter has authorized 70 million shares of the company at between 17.00 to 20.00 per share.  The (IPO)  Initial Public Offering goal is to raise 1.4 billion dollars.  November 7, 2013 marks the first day of real Twitter shares trading. 

Glitches can occur with the online transition process which can produce trading delays and order issues.   Glitches mean revenue loss.  Twitter teamed up with the (NYSE) New York Stock Exchange operators to perform a period of mock share trading.  The improvements post test run leave Twitter hoping investment firms report a streamlined trading experience.

Over all success will always be measured  by how the Twitter shares perform after the real trading has started.  Home Care Path wishes Twitter a record breaking IPO!!!

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