The first day of public trading for Twitter Inc (NYSE:TWTR) is almost over. The Twitter IPO has been declared a success across the board. The company’s stock jumped on release, and it has stayed up through the course of the day. Three people are likely happier than others about the offering, however. The Twitter IPO created three new billionaires. Evan Williams, Peter Fenton and Jack Dorsey, all insiders at Twitter Inc (NYSE:TWTR) are now each worth more than $1 billion. No insider shares were part of today’s IPO, so the newly-minted billionaires did not collect their winnings in cash just…
Twitter Inc (TWTR) IPO Creates 3 New Billionaires
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.