Twitter sold its first stock on Thursday. The opening price was $26 per share, for 70 Million shares. This proved to be a conservative price because before the end of the day, the price rose to over $50 per share.

Commentators are remarking about the contrast with the Facebook stock launch. Facebook saw a major drop in its stock price after its IPO (Initial Public Offering.). Its price has only recently starting to rise above the opening price.

The result of this stock sale was $1.8 Billion received. A lot of that, of course, went to the banks and brokerages that helped bring the offering to market.

This positive result is in contrast with Twitter’s current financial expectations. Not profite yet, and not expected to become profitable until 2015.

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