The Twitter IPO Experience From The NYSE Floor

1. Around 8 a.m. today, inside the New York Stock Exchange building at the intersection of Broad Street and Wall Street, a whole bunch of white dudes in suits formed a circle.

Mariah Summers / BuzzFeed

Handout / Reuters

2. What made this morning different was that the traders were joined by Twitter executives, who were there for the ceremonial ringing of the opening bell to mark the company’s first day of trading.

Mariah Summers / BuzzFeed

3. About 40 reporters were corralled in a pen and allowed to partake in the festivities, which primarily consisted of standing and waiting.

Mariah Summers / BuzzFeed

Reporters were asked to arrive by 7:45 a.m., though the opening bell doesn’t ring until 9:30 a.m., and Twitter shares didn’t actually start trading until 10:49 a.m.

4. The excitement was palpable

Mariah Summers / BuzzFeed

5. just look at the energy and enthusiasm of these guys!

Via Mariah Summers / BuzzFeed

6. They make the normally easily excitable Jim Cramer of CNBC seem calm.

Mariah Summers / BuzzFeed

8. Then, as if beamed in from the Starship Enterprise, Patrick Stewart (aka Captain Jean-Luc Picard) inexplicably appeared, instantly vaporizing bystanders’ dejection.

Mariah Summers / BuzzFeed

9. Even Twitter’s founders and chief executive seemed to be wondering what Patrick Stewart was doing there.

NYSE

Just look at the expression on the face of Ev and Biz.

10. As the bell rang, clapping ensued

NYSE

11. as did interviews, lots and lots of interviews

Mariah Summers / BuzzFeed

Twitter CEO Dick Costolo spoke to CNBC’s Carl Quintanilla.

12. CNBC even interviewed Patrick Stewart, who was allowed to wear jeans even though they are generally prohibited on the NYSE floor.

Mariah Summers / BuzzFeed

Mariah Summers / BuzzFeed

Mariah Summers / BuzzFeed

Many of the younger reporters in the pen were either unaware of Stewart’s celebrity altogether, or knew him only from his role as Professor X in the X-Men franchise. One millennial cameraman wondered if he was standing mere feet from Spock.

13. Meanwhile, everyone on the floor watched these screens waiting for traders to decide on an opening price and for Twitter’s shares to actually begin trading.

Mariah Summers / BuzzFeed

14. Well, maybe not everyone – some of us were just trying to get a perfect @SirPatStew selfie to kill the pain of more waiting around.

Mariah Summers / BuzzFeed

16. Still, as famous as Patrick Stewart is, we were more interested in meeting 9-year-old Vivienne Harr, who rang the opening bell. She said she had dressed in the spirit of the Twitter bird.

Mariah Summers / BuzzFeed

17. The brave lemonade entrepreneur and human rights activist dared to cross over into the pen and pose with adoring reporters.

Mariah Summers / BuzzFeed

21. NYSE staff gave themselves a thumbs-up for the glitch-free IPO.

Mariah Summers / BuzzFeed

Unlike Facebook’s first day of trading, which was marred by technical glitches at the Nasdaq, the NYSE pulled off a seamless debut for Twitter.

22. Within minutes after the opening of trading, the pen was empty. It was over. Even Patrick Stewart had vanished without a trace.

Mariah Summers / BuzzFeed

23. As we exited the exchange, a drizzle had descended over Wall Street. It was clear that on this day, Twitter had made it rain.

Mariah Summers / BuzzFeed

Read more: http://buzzfeed.com/mariahsummers/twitters-ipo-in-pictures-from-the-nyse-floor

The post The Twitter IPO Experience From The NYSE Floor appeared first on How To Buy Franchises.

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