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  • Worst Year For Tech IPOs Since 2009

    Worst Year For Tech IPOs Since 2009

    With just 28 technology companies entering the U.S. public markets, 2015 was the worst year for IPOs since 2009, according to Dealogic. This compares to 62 last year and 48 the year before, with 131 “unicorns” opting to remain private longer. “We haven’t seen so few tech IPOs since the 2008-09 U.S. financial crisis,” notes Kathleen Smith, principal at IPO ETF… Read More

  • NYSE Trading Halted Due To Technical Issues

    NYSE Trading Halted Due To Technical Issues

    NYSE trading was halted about 30 minutes ago due to a technical issue. TechCrunch has reached out to the exchange and received the following comment: “We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible. We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution… Read More

  • Following Blockbuster Q2 Results, Twitter’s Stock Opens At Four-Month High

    Following Blockbuster Q2 Results, Twitter’s Stock Opens At Four-Month High

    Twitter is out of the woods — or so it seems. Following yesterday’s impressive earnings report, the company has had a quick and clear reaction from the stock market. Yesterday evening, Twitter (NYSE:TWTR) was up 30 percent in after-hours trading. This morning, shares opened at $47.01, 21.8 percent above yesterday’s closing price of $38.59 — it’s a four-month… Read More

  • Twitter Shares Hit All-Time Low

    Twitter Shares Hit All-Time Low

    Following yesterday’s earnings, Twitter shares (NYSE:TWTR) have been tanking to an all-time low. This morning, shares opened at $37.66, or 11.6 percent below yesterday’s closing price of $42.62. Shortly after that, shares traded at $37.24, pushing the limit of Twitter’s all-time low a bit further. Shares are now trading at $38.10. Yet, the most surprising part is that the… Read More

  • The Twitter NYSE Honeymoon Is Over As Stock Price Takes Another Nosedive

    The Twitter NYSE Honeymoon Is Over As Stock Price Takes Another Nosedive

    Today at market opening, Twitter shares (NYSE:TWTR) dropped once again. Shares were at $60.27, down 5.46 percent compared to Friday’s closing price of $63.75. This nosedive marks the end of the honeymoon between Twitter and the NYSE as many analysts stated that shares are overpriced. Until now, the stock held strong amid those reports, but that seems to be coming to an end. Read More

  • Watch Twitter’s IPO Event Streaming Live At The New York Stock Exchange

    Watch Twitter’s IPO Event Streaming Live At The New York Stock Exchange

    Twitter’s IPO event from the floor of the New York Stock Exchange today will be streamed live, in a first for the NYSE. It’s fairly appropriate that Twitter would embrace real-time streaming online media to share this event with the world, given the nature of its business. And it means that if you’re a hardcore finance guy, or just passionate bout micro blogging platforms… Read More

  • Ahead Of Its Public Debut Wednesday, Wix Prices IPO At $16.50 Per Share, With Valuation Near $800M

    Ahead Of Its Public Debut Wednesday, Wix Prices IPO At $16.50 Per Share, With Valuation Near $800M

    Twitter isn’t the only company joining the list of public companies tomorrow. Israeli-American website creation platform, Wix, will also be vying for its share of media attention tomorrow, as the company announced this afternoon that it will be setting its opening price at $16.50 per share — the high end of its expected $14.50 to $16.50 price range. Read More

  • Salesforce Shares Reach All-Time High As Stock Pops 7.2% In Wake Of Favorable Earnings

    Salesforce Shares Reach All-Time High As Stock Pops 7.2% In Wake Of Favorable Earnings

    Salesforce shares (NYSE:CRM) are trading today at their highest price ever — $181.46 a share. It represents a 7.23 percent increase compared to yesterday’s closing price. Today’s trend is directly related to Salesforce’s fourth-quarter earnings. With revenues up 32 percent year-over-year, the company could become a profit-making venture in the coming year. Read More

  • HP Stock Price Drops 12.4 Percent After Unexpected $8.8 Billion Loss

    HP Stock Price Drops 12.4 Percent After Unexpected $8.8 Billion Loss

    At market opening today, HP took a big hit, with shares (NYSE:HPQ) trading at $11.65, 12.41 percent below yesterday’s level. The company announced disappointing earnings before market opening. As analysts expected a $2.2 billion of net profit, the $8.8 billion loss came as a very bad last minute surprise. HP blames accounting frauds preceding HP’s acquisition of Autonomy. Read More