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Twitter Shares Huge Hit for IPO

It's official. Wall Street #hearts Twitter. Shares of Twitter soared more than 75% from their offering price in the first hour after it began trading.

Twitter priced its initial public offering Wednesday night at $26 a share. The stock debuted at 10:49 a.m. ET on Thursday on the New York Stock Exchange, and the first trade came in at $45.10 a share.

Source: CNNMoney. Read full article. (link)

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