Ron Burgundy Posted May 6, 2014 Share Posted May 6, 2014 Shares of Twitter Inc fell more than 12 percent in morning trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the sale of about 82 percent of the company's equity. Twitter's shares hit a low of $34 on the New York Stock Exchange, the first time they have fallen below $37 since they started trading on November 7. Twitter's IPO was priced at $26 per share. The reaction to Twitter's lock-up expiry was in sharp contrast to that of Facebook Inc in late 2012. View the full article Quote Link to comment Share on other sites More sharing options...
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