Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
IPO
Zulily to confirm IPO plans this week -sources
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
IPO to value Stock Spirits at least USD 675 million- terms of sale
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Ledermann postpones IPO due to low demand
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
Twitter gets "buy" rating even before going public
Twitter Inc got a "buy" rating from a brokerage company even before the social media platform went public, said a Reuters report.
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On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
