Twitter stock booming early

by Nicolas Hallett

Not many University of Minnesota students may know how the Dow Jones works, but Twitter is language they understand.

The social media company hit the New York Stock Exchange for the first time Thursday, labeled “TWTR,” in the most highly anticipated public offering since Facebook last year, according to the Associated Press.

Twitter’s shares debuted at $26, but by closing time they had sky-rocketed 73 percent to $44.90.

The impressive start has experts valuing Twitter at more than $31 billion.

Facebook's shares finished at $47.56 and is valued at $120 billion, the USA Today reported.