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Twitter shares up to $42-$46 from $26 in first half hour of IPO

The price of a Twitter share has almost doubled in the first half hour of trading on the New York Stock Exchange.

At time of writing, the NYSE revealed that Twitter (TWTR) shares are currently at $42 to $46, having been set yesterday at $26.

Financial spread betting firm IG had predicted that shares in Twitter will double on the first official day of trading.

This comes despite Facebook’s disastrous IPO, which saw shares fall 47 per cent from its $38 opening price.

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