On Twitter's IPO Day, A Look At How 5 Tech Stocks Have Fared
by Heidi Glenn
As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)
Some of these stocks have soared. Others have stumbled.
After its IPO in May 2012, Facebook's stock was criticized as disappointing. The day after the first day of trading, its stock fell to $34.03. Three months later, its share price sunk to half its IPO price. The stock took almost a year to climb past its offer price.
Shares of LinkedIn rose as much as 171 percent on its first day of trading in May 2011. The stock has continued to climb, rising from about $112 at the beginning of 2013 to nearly $250 a share in late October.
The online games company saw its stock rise to a high of $14.69 in March 2012 but then it hit single digits the following month, sinking to a low of $2.10 nearly a year after its December 2011 opening day.