Twitter's IPO poised to be the biggest public stock debut since Facebook

  • Follow Business

Twitter’s IPO, likely coming in the next few weeks, is poised to be the biggest public stock debut since Facebook’s last year.

But a slew of other Internet companies have gone public in the past two years, and many got off to a rocky start.

Zynga, a maker of online games, is still trading below its initial offering price, as is the online deals site Groupon.

But the rest have recovered, helped by improving sentiment about mobile advertising revenue and the gains that Facebook has made.

Investors will be anxious to see whether Twitter’s IPO will demonstrate that the social networking darling has learned from its predecessors.


Top headlines

Paine plans furloughs, salary cuts, layoffs

Paine College President George C. Bradley on Friday announced the college will implement furlough days, salary reductions and layoffs to save $2.4 million over the next fiscal year.
Search Augusta jobs