On the company's first day on the New York Stock Exchange, Twitter closed at $44.90 per share, up almost 73% from its opening price of $26 per share.
The day's gains may sound impressive, but it hardly compares to eBay's 163% growth (Nasdaq) and Yahoo's 153% growth (Nasdaq) during their first days on the market.
[seealso slug="internet-ipo-investment"]
However, not all companies perform well on their first days. Facebook finished up just 0.6% on its first day on Nasdaq, and Zynga finished down 5% on its first day on Nasdaq.
Statista's chart shows how the stocks of 10 Internet companies faired on their first days trading on the stock market.
Credit:
[wp_scm_comment]