Originally published on Thu November 7, 2013 5:09 pm
As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)
Some of these stocks have soared. Others have stumbled.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish, this week at NPR West in California.
MELISSA BLOCK, HOST:
And I'm Melissa Block in Washington, D.C.
(SOUNDBITE OF BELL RINGING)
BLOCK: Ringing the bell to open trading on the New York Stock Exchange today, @SirPatStew, @vivienneharr and @CherylFiandaca - all of them big users of Twitter - to mark the day the social networking site became a publicly traded company.
Clifford Nass, the Stanford University sociologist who helped pioneer studies that undermined ideas about multitasking, has died at age 55. The man who dedicated his career to thinking about how humans live in a digital age died after taking part in a hike near Lake Tahoe Saturday.
At Stanford, Nass was "a larger than life character," his colleague professor Byron Reeves tells NPR's All Things Considered. Reeves says Nass "was just incredibly enthusiastic about his work, about students."
Originally published on Mon November 11, 2013 6:36 am
In the hunt for new ways to help people fight alcoholism, doctors are studying gabapentin, a generic drug that's commonly used to treat epilepsy and fibromyalgia.
In a 12-week clinical trial conducted by the Scripps Research Institute, people taking taking gabapentin were much better at reducing their alcohol intake than those who got a placebo. The research, involving 150 people, was funded by the National Institutes of Health.
The New York Stock Exchange is at the center of attention Thursday morning as Twitter goes public at $26 per share. That means company is expected to raise almost $2 billion. For the latest on this highly anticipated IPO, NPR's Zoe Chace talks with host David Greene.
Originally published on Thu November 7, 2013 5:43 pm
6 p.m. ET: Twitter Shares Close At $44.90
At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.
Earlier Thursday, the company's shares soared from their initial public offering price of $26.
2:35 p.m. ET:
As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.
Originally published on Thu November 7, 2013 5:15 am
In the essay "The Myth of Sisyphus," philosopher Albert Camus — who would have turned 100 on Thursday — explored the nature of boring work. There's new psychological research into why people end up in boring jobs.