Twitter IPO News: "Nuttiness" Says Jim Cramer

Jim Cramer calls Twitter IPO hype “nuttiness” and the stock climbs sharply this morning to over $45.

Why care about Twitter going public? If you use it to drive traffic, this IPO could affect you (or not).

The latest interesting updates as of 11:30 am today:

Twitter IPO Live – Business Insider It’s Twitter’s big day! The social network goes public today on the New York Stock Exchange. It just started trading at $45.10 per share. We’re on the floor of the NYSE now. We’ll have live updates for you in the feed below.

Watch Twitter’s IPO Event Streaming Live At The New York Stock Twitter’s IPO event from the floor of the New York Stock Exchange today will be streamed live, in a first for the NYSE. It’s fairly appropriate that Twitter..

Twitter Prices IPO Above Estimates At $26 Per Share, Raising $1.82 … Twitter will start trading at $26 when it goes on sale, according to an announcement made today by the company on Twitter. That’s on the low side of expected..

First Take: Twitter pricing could create IPO wave – USA TODAY

Fast CompanyFirst Take: Twitter pricing could create IPO waveUSA TODAYSAN FRANCISCO Its founders may not agree on what Twitter is, but investors do: It’s a potential IPO gold mine. The micro-blogging service, based here, today priced shares at $26 …

Twitter opens at $45.10, 73% above IPO One of Twitter‘s biggest challenges as a newly public company will be to generate more revenue outside the US More than three-quarters of Twitter‘s 232 million users are outside the United States. EPA/NYSE Twitter‘s stock opened at $45.10 a share on its first day of trading, 73 percent above its initial offering price.

USATODAY.com – Tech stocks – Twitter shares surge on first day 5 things to know about Twitter‘s IPO. Specialist Glenn Carell, who will handle the Twitter IPO, works at his post on the floor of the New York Stock Exchange. Twitter‘s stock is expected to trade heavily on Thursday and over the next few days, but del Ama says the activity and the price should start to settle down.

Twitter IPO – Stock soars to $45.10 at opening – Toronto Star Twitter‘s IPO price value is 12.4 times the estimated 2014 sales of $1.14 billion — higher than the 11.6 times that Facebook was trading at on Wednesday and similar to LinkedIn Corporations of 12.2 times sales, Bloomberg reports.

From Twitter-Sphere

MarketWatch Thu Nov 07

Twitter is about to become the second largest Internet #IPO http://t.co/V51ypyhJAx $TWTR http://t.co/wUj5R4Zv8i