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Tuesday, November 19, 2013

Twitter IPO Made it's employees Millionaire


Twitter 1600 employees get millionaire after It's IPO . Twitter employees will cumulatively pay US 2.2 billion dollar in taxes i.e. 13800 crore Rs. in taxes. On Twitter IPO launch on NYSE on Nov. 7 on first day of going public the site share climbed around 73 per cent over the issue price of USD 26 at USD 45.1 per share. Twitter, which posted a loss of $64.6 million in its latest quarter, isn't projected to report a profit until 2015, according to analysts’ estimates compiled by Bloomberg. But still Twitter IPO make a debut with bang.

Twitter IPO Made it's employees Millionaire


Twitter 1600 employees get millionaire after It's IPO . Twitter employees will cumulatively pay US 2.2 billion dollar in taxes i.e. 13800 crore Rs. in taxes. On Twitter IPO launch on NYSE on Nov. 7 on first day of going public the site share climbed around 73 per cent over the issue price of USD 26 at USD 45.1 per share. Twitter, which posted a loss of $64.6 million in its latest quarter, isn't projected to report a profit until 2015, according to analysts’ estimates compiled by Bloomberg. But still Twitter IPO make a debut with bang.