Twitter shares zigzag in first full day of trading
The company's shares were up slightly in early trading on Friday before dropping slightly.
Former CNET contributor Don Reisinger is a technology columnist who has covered everything from HDTVs to computers to Flowbee Haircut Systems. Besides his work with CNET, Don's work has been featured in a variety of other publications including PC World and a host of Ziff-Davis publications.
Twitter shares are bouncing up and down following a successful IPO day.
The company's shares opened Friday at $45.98 and surged to more than $46 in early trading on Friday before falling to the $44 mark. Early on in pre-market trading, Twitter's shares were down, but quickly came back to even and then jumped to higher levels.
A first-day pop isn't uncommon in the land of big IPOs. The subsequent days, however, ultimately determine whether investor excitement around a particular company was based in hopes for quick profits or the belief that over time, a firm can deliver. For now, it appears investors are somewhat bullish on Twitter's prospects.