Twitter [TWTR] floated at $26 spiked at $50 before slipping to $45 all in the space of 2 hours.
Twitter opened at $45.10. That is a $32 billion market cap, making Twitter the single most expensive stock in all technology, according to Bloomberg. TWTR was 30 times oversubscribed on its IPO and 11.8 mln shares traded on the opening cross at $45.10 according to Thomson Reuters data.