Facebook’s stock has been on quite the tear since July essentially doubling from below $25 to a high of $55 in less than six months. As part of a pre-arranged plan, Chief Financial Officer David Ebersman has just sold nearly one million shares of stock Tuesday, representing 8.5% of his equity in the company according… Continue reading Insider Trading: Facebook’s CFO Dumps $43 Million in Shares
In a surprising move on Monday, Twitter decided to raise the starting price of its initial public offering into the $23-$25 range. This is a significant increase from its previous $17-$20 pricing and would give the company a $13.9 billion evaluation! The move, which was likely made in response to great potential demand for the… Continue reading Twitter Beefs Up Its IPO Price Range
Twitter finally released details regarding its long-awaited initial public offering (IPO). How does the social networking giant stack up against some of the big tech IPO’s before it from companies like Facebook and Google? Quarterly Revenue Twitter earns a quarterly revenue of $139 million, which is up 105% from a year ago. In comparison, Facebook… Continue reading How Does Twitter’s IPO Compare With Those of Facebook, Google and LinkedIn?
“Mortimer, we’re back,” could be heard screaming through the halls of Tweeter today, the once bankrupt Boston-based electronic retail company that looked to stage a comeback in the open marketplace Friday. The company’s stock had been idle for quite some time trading at a cost of less than $0.01 per share. The thing is, though,… Continue reading Tweeter Is a Nice Looking Stock, But It’s No Twitter
Twitter is preparing an initial public offering (IPO) that could be worth approximately $15 billion, according to reports at the Sunday Times. Citing anonymous senior banking officials, Twitter CEO Dick Costolo has supposedly met with potential investors from Morgan Stanley, Goldman Sachs, and JP Morgan, all of whom are likely drooling over the opportunity to… Continue reading Twitter Could Go Public with $15 Billion IPO in 2014