Initial Public Offering
If Brooklyn-based craft seller Etsy goes public later this year, it will be a test of how well the company can balance an explicit social mission with shareholder expectations for making money.
Twitter late Wednesday set a price of $26 for its initial public offering of stock, which means the company’s shares can begin trading Thursday on the New York Stock Exchange.
According to a Securities and Exchange Commission filing, enough shareholders approved a plan to turn the company into a publicly traded real estate investment trust.
GM returned to life as a public company as its stock started trading for the first time since the American manufacturing icon collapsed into bankruptcy last year.