1. Twitter's Initial Public Offering (IPO)
... stock. Bank of America Merrill Lynch gave the stock a sell rating indicating it was not worth the price at the time of $40.92. Scott Kessler, an analyst at S&P Capital IQ, also gave the stock a sell recommendation. Daniel Ernst, founder of Hudson Square Research, said Twitter's ... Peck of Suntrust. Suntrust downgraded the stock from buy to neutral and Wells Fargo downgraded to underperform. According to Youssef Squali, an analyst at Cantor Fitzgerald, "Either the bankers weren't smart enough to price this right or this could be a feeding frenzy." (Thompson, Cadie). On December ... rel...
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