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    Twitter Tripped Up On Second Day Of Trading

    Wochit Headline News

    by Wochit Headline News

    Twitter took flight Thursday in an impressive initial public offering that valued the company at $24.48 billion. Friday, the company's wings were clipped a bit as shares fell more than 7 percent. The smaller social network priced its shares at $26 a piece, opened with a healthy 73 percent pop at $45.10, then closed the day at $44.95. Clearly, investors were willing to give Twitter a pass on its money-losing business.