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How to Trade Twitter Stock on IPO Day

September 4, 2023
in Trade Tube
Reading Time: 1 min read
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Twitter goes public on Thursday at a price range of $23-25 per share for an offering of $1.6 billion. The stock could soar on the first day, potentially doubling or tripling in value. But how can the average investor trade Twitter stock after the IPO? Donovan Lazar from the Online Trading Academy tells potential investors to stay away from the stock because emotions will be high which will trigger volatility. After the stock has settled, investors can find levels of supply and demand, not support and resistance. It is better to wait for a secondary offering that may come six months after the IPO.

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