nyse

Twitter IPO Gets Dress Rehearsal

Episode 1026

The New York Stock Exchange has decided to learn from NASDAQs Facebook disaster and simulated a Twitter IPO to make sure that the NYSE could handle the traffic when Twitter's Stock goes live. Twitter's stock is expected to fetch around $17 a share, making the company worth about $10 Billion. Leo says it's very interesting that a company that hasn't really made any money should be worth so much.