Twitter IPO at The New York Stock Exchange
- Twitter didn't just dominate the outside of the building — both of Barclays' posts on the floor were dedicated to the company. As is now typical for the stock exchange in the internet era, there were few traders on the floor other than those involved with Twitter's IPO.
- Twitter CEO Dick Costolo, who was hired in 2010 to bring the company to profitability, was joined by CFO Mike Gupta, as well as co-founders Jack Dorsey, Evan Williams, and Biz Stone on the exchange floor.
- The New York Stock Exchange's famous opening bell ceremony oddly featured Sir Patrick Stewart himself, who just recently joined Twitter as @sirpatstew.
- Twitter's Dick Costolo, Biz Stone, Mike Gupta, Evan Williams, and Jack Dorsey posed for the camera shortly before the stock went live. Image courtesy @NYSECam.
- Activity didn't pick up until well after the opening bell, as traders, press, and others in attendance waited for an opening price to be set.
- The process of pairing buyers and sellers was performed primarily at this terminal, and hundreds — including CEO Dick Costolo — swarmed around it waiting for the news. The process continued for over an hour until TWTR began trading publicly shortly before 11AM ET.
- The rest of the trading floor — pictured here shortly after TWTR began trading on the market — was tranquil, as all attention was focused on Twitter's opening price and its executives.
- The stock's opening price of $45.10 was 74 percent up from the minimum price of $26 Twitter set the night before. Ultimately, the company raised around $1.8 billion.